Answer these questions below based on the topic of Elasticity. Textbook information (https://openstax.org/books/principles-economics-2e/pages/5-introduction-to-elasticity). why is this topic interesting in economics and relevant to the U.S. economy. Explain that and below questions in detail explanation and examples with references if needed.

• Explain why you think it is important to discuss this issue.
• Do you think that most ethical frameworks (both secular and religious) have a common goal? Explain what the goal is or may be and include one example to support your response.
• The famous Economist, Adam Smith claims that self-interest rather than the quality of well-being serves the public good. Would you say this is a critical assessment of society's value? Include two reasons on whether you agree/disagree with this claim.