suppose the price of matcha tea in chicago coffee shops increases by 10%, and the quantity of matcha tea demanded in chicago coffee shops drops by 5% per day. demand for matcha tea in chicago is: suppose the price of matcha tea in chicago coffee shops increases by 10%, and the quantity of matcha tea demanded in chicago coffee shops drops by 5% per day. demand for matcha tea in chicago is: price inelastic. price elastic. perfectly price inelastic. price unit-elastic.