Option 1: Media Analysis: Elasticity Find a news article about changing prices for a good or service. Does this article suggest anything about market structure or the price elasticity of demand? Your essay should include all of the following: Briefly summarize the article. Do you believe that the price elasticity of demand for the good or service in this article is elastic or inelastic? Explain your reasoning. Do you think that there is a connection between the price elasticity of demand for this good or service and the price increase? Explain your position. Does this market appear to be perfectly competitive? Why or why not? Is there a connection between competition in this market and rising prices? Explain. Don't forget to cite your sources