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a. Pick one good or service that you think has very (price) elastic demand and explain why you think that is the case.Cite one determinant

a. Pick one good or service that you think has very (price) elastic demand and explain why you think that is the case.Cite one determinant of price elasticity that is relevant to support your case

b. Pick one good or service that you think has very (price) inelastic demand and explain why you think that is the case.Cite one determinant of price elasticity that is relevant to support your case

c. Pick one good or service that you think has very (price) elastic supply and explain why you think that is the case.Cite one determinant of price elasticity that is relevant to support your case

d. Pick one good or service that you think has very (price) inelastic supply and explain why you think that is the case.Cite one determinant of price elasticity that is relevant to support your case.

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