Identify one inelastic and one elastic goods/services that you have recently purchased or not, and relate your examples to the characteristics of the price elasticity of demand. Analyze the challenges a store would be facing to raise the price of an elastic and inelastic good.
*FOR THE ATTACHED PHOTOS, JUST NEED RESPONSES DONE FOR THOSE 2 (250 WORDS)*
Requirements: 300 WORDS

Leave a Reply
You must be logged in to post a comment.