which is likely to occur if there is a price increase for a good which exhibits elastic demand?\no people…

Brief Explanations:

When a good has elastic demand, a price - increase leads consumers to be more price - sensitive. They will look for alternatives. Substitute goods are alternatives to the original good. Consumers will likely switch to a less expensive substitute to save money. Complementary goods are used together with the original good, and a price increase of the main good usually decreases demand for complementary goods, not increase the purchase of more expensive ones.

Answer:

People might buy a less expensive substitute good.