Demand for movie rentals is highly elastic. what will happen if a video store raises the price of a rental?

  The consumers would rent no movies.

Explanation:

  There is elastic demand when the price or other factors have a big effect on the quantity consumers want to buy. It is common to see this type of demand being affected especially on the price. If the price goes down,  consumers would buy more. But if the price rise they would stop buying waiting for the price to go down again.

  Products that have elastic demand are subjects of comparison shopping. Movie rental is highly elastic because there are several choices and are a service for recreation.

  I hope this answer helps you.

your answer is rising unemployment and inflation.

i heard they are taking it off i hope this isn't true but otherwise if it doesn't get taken off it will probably be in early december or early january of 2018-2019