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Discussion of the chosen product/good/commodity/brand and the reasons you chose it. Discussion on what you consider the major determinants of the chosen good's price elasticity
- Discussion of the chosen product/good/commodity/brand and the reasons you chose it.
- Discussion on what you consider the major determinants of the chosen good's price elasticity of demand.
- Choose its one or two most significant determinants and comment on the good's relative price elasticity of demand as compared to sample products in the textbook's Table 3.7.(agriculture and other food products)
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