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Julian threw a brick at Will, intending to hit him. If the brick instead hits Anna, Julian has:
Inelastic
A demand is considered inelastic when it does not significantly change with the price of a good or service, indicating that consumers are relatively insensitive to price changes.
Elastic
Describing a situation where the demand or supply for a product or service is sensitive to changes in price or other factors.
Decrease Supply
A situation where there's a reduction in the quantity of a good or service that producers are willing and able to sell at a given price.
Elasticity
A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in price.
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