October 7, 2015

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?

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