Elasticity Of Demand - Pick a product or service that you consume

Elasticity Of Demand - Pick a product or service that you consume

Question # 00842183 Posted By: wildcraft Updated on: 06/06/2023 10:31 PM Due on: 06/07/2023
Subject Economics Topic General Economics Tutorials:
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Elasticity Of Demand

Pick a product or service that you consume on a regular basis and speculate on what the elasticity of demand might be for that product. What might be the income elasticity of demand for that product? Explain and support why you think the product has the elasticity that it does based on how price sensitive you think people are when it comes to this product or service. 

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  1. wildcraft
    Tutorial # 00837644 Posted By: wildcraft Posted on: 06/06/2023 10:32 PM
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