6. (5 pts) Under which of the following two scenarios would demand for mini candy bars be more elastic? (a) It is the week before Hallowe'en (b) It's a week in the middle of February Explain your answer addressing the availability of substitutes, ability to postpone decision, portion of budget, necessity v luxury effects

. 7. (5 pts) Describe why a bag of popcorn is rival and excludable whereas a public good, such as government weather alerts, are nonrival and nonexcludable making sure you explain these terms