ISLAMABAD (Reuters) - Pakistan will not take sides in the escalating confrontation between neighboring Iran and the United States, its foreign minister said on Monday, following the killing of Iranian military commander Qassem Soleimani in a U.S. drone strike.
A.) completely disenfranchised
I believe the answer is: in-elastic
A product is considered to be inelastic if the change in price do not or has very little impact of the product demand.
From the scenario above, we can see that even though the price drops, the percentage is still way below the amount of price icnreased (10% : 30%) , so we can consider the product to be inelastic.
It might begin to flatten or rip apart. it's like grabbing a football by each end and tearing and pulling on it
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