Concept:Price elasticity of demand compares the proportionate change in quantity demanded with the proportionate change in price.Explanation:Price elasticity of demand is given by:Ed=%change in price%change in quantity demandedWhen quantity demanded changes proportionately more than price, the ratio is greater than 1.This means Ed>1.Such a situation is described as relatively price elastic demand.Therefore, the correct option is the one stating that demand is relatively price elastic.Answer:A. demand is relatively price elastic.