Discussion Question: Respond to one of the following options.

Option 1: The wealthy seem to have more leisure time than the poor, yet often also seem to live more hectic lives. Using the concept of elasticity introduced this week and a specific example(s) please explain this seeming paradox. You may need to think of elasticity in multiple ways.

Option 2: Consider the concept of profit maximization. Is this consistent with the self-interest of company owners? Is it consistend with the self-interest of company managers? If your two answers disagree, why? Provide a specific example in your response.