If new cars are an elastic good then: O If the price of new cars goes up people will buy more OIf the price of new cars goes up people will buy less If the price of new cars goes down people will buy...

Extracted text: If new cars are an elastic good then: O If the price of new cars goes up people will buy more OIf the price of new cars goes up people will buy less If the price of new cars goes down people will buy less No matter what the price demand for new cars remains the same 0耳 0 hp