The price of coffee rose sharply last month, while the quantity sold remained the same. Five (5) people suggest various explanations: Leonard: Demand INCREASED, but Supply was PERFECTLY INELASTIC. Sheldon: Demand INCREASED, but it (demand) was perfectly inelastic.     Penny: Demand INCREASED, but Supply DECREASED at the SAME TIME. Howard: Supply DECREASED, but Demand was UNIT ELASTIC.          Raj: Supply DECREASED, but Demand was PERFECTLY INELASTIC

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