elasticity doubt

Posted by Radhika Sahni on
URL: http://discussion-forum.276.s1.nabble.com/elasticity-doubt-tp7608697.html




Can someone explain me why the answer is b?
My reasoning is that if price of gasoline fell, people will buy more of it but not with the same amount. That is storage will be limited. Thus, relatively more price inelastic. Is it correct?