Question

economic lowdown video series—video 1: what is elasticity?
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elastic demand means that:
consumers are not sensitive to price changes
quantity demanded changes proportionately less than price changes
quantity demanded changes proportionately more than price changes
the price of the good remains constant

Explanation:

Elastic demand occurs when the percentage - change in quantity demanded is greater than the percentage - change in price. So consumers are very sensitive to price changes.

Answer:

Quantity demanded changes proportionately more than price changes