Homework Help: economics

Posted by Anonymous on Sunday, September 5, 2010 at 1:17pm.

# Choose a product you have purchased in the past month from a grocery or home improvement store.
# Describe how each of the 4 factors contributed to the elasticity of the good.
# Is the product considered elastic, inelastic, or unitary elastic?
# In a few sentences, what effect does the current supply and current demand have on this product?

economics - Ms. Sue, Sunday, September 5, 2010 at 1:20pm
I purchased 12 rolls of toilet paper. What did you buy?
economics - Anonymous, Sunday, September 5, 2010 at 5:31pm
Per capita real GDP in country L is three times as high as in country M.
The economic growth rate in country M is 8 percent while country L’s
economy grows at a rate of 5 percent.

Answer this Question

Related Questions

micecomomic - I purchased a pair boot in the past month from a shoe store Is the...
Reiny! Reiny! Reiny! - 1. Oanh walked from her home to the grocery store at 3 mi...
finance - Home Builder Supply a retailer in the home improvement industry, ...
micecomonic - I purchased a pair boot in the past month from a shoe store ...
medical billing and coding - choose a product you bought within the last month ...
English - 1. I (past, passed) the library on my way to the grocery store. 1. ...
algebra 2 - When you spend $1 at the grocery store, the store doesn’t keep ...
algebra - When you spend $1 at the grocery store, the store doesn’t keep ...
math - at a local grocery store, the bananas they receive are transported ...
science - A list of things in home and grocery store that display metric units.

For Further Reading

First Name:
School Subject:
Answer: