Which accurately describes the difference between elastic and inelastic demand?

elastic demand refers to a change in production by producers when the price of a good or service changes, whereas inelastic demand refers to the lack of change in production as prices change.
elastic demand refers to a change in demand by consumers when the price of a good or service changes, whereas inelastic demand refers to the lack of change in demand as prices change.
inelastic demand refers to a change in demand by consumers when the price of a good or service changes, whereas elastic demand refers to the lack of change in demand as prices change.
inelastic demand refers to a change in production by producers when the price of a good or service changes, whereas elastic demand refers to the lack of change in production as prices change.

Elastic demand refers to a change in demand by consumers when the price of a good or service changes, whereas inelastic demand refers to the lack of change in demand as prices change.

1) the taiping rebellion was prompted from 1850-1864 and waged against the ruling of machu qing dynasty. the rebellion was caused by hong xiuquan and class differences, later leading to a radical change in social and economic structure.

3) karl marx, a believer of the principle of socialism, believed that the working class would have to free themselves from the exploitation of industrialists by establishing a radical socialist classless society where all industries and   property are owned by the state.

5) as indians revolt gained power, people found additional reasons to protest against the british rule. princely families joined the uprising due to changes to the inheritance law which made adopted children ineligible to assume the throne. this was an attempt by the british to control royal succession in the princely states that were nominally independent from the british.