ECON 294- Microeconomics Discussion post question:

Elasticity calculates the correlation between the quantity demanded or supplied of a good with some other variable. Pick one type of elasticity and a good (or pair of goods). What would you expect elasticity to look like for the good(s)? Why do you think it would look that way for your selected good(s)?

Include:

- Two references, one being your class textbook (Principles of Microeconomics 2e by Steven A. Greenlaw, David Shapiro - Access for free at https://openstax.org/books/principles-microeconomics-2e/pages/1-introduction ) and the second being at least one outside source (e.g., news article, business publication, scholarly articles, etc.) of your choice to support your initial post.