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please help at least 120 words . thank you. that is it there is nothing elese i can add This discussion is designed to see
please help
at least 120 words . thank you.
that is it there is nothing elese i can add
This discussion is designed to see if you can apply economics to real life situations. Please use your own personal experiences to answer the following discussion questions. If you do not have personal experiences, you can share examples of your family and/or friends. This - show that you are able to make connections between what you learn in this class and what you encounter in the real world. Now it is time to reflect on what you've learned in Module 03 and apply them in your daily lives. Your participation in this Discussion demonstrates the following learning objectives: Discuss where does elasticity of demand apply and why. Discuss where do you encounter elasticity of demand in your daily lives. What to do: . After reading the elasticity chapter, share with us what happened to the elasticity of demand for essential items during the COVID 19 pandemic. Please use specific examples in your discussion post, such as surgical masks, food, water, rent, etc. to answer the following questions 1. In your opinion, is the demand for essential items elastic or inelastic during the COVID-19 pandemic? Why do you think so? Explain your answer in terms of economics. 2. Please select one specific good or service that has inelastic demand and share your own experiences in the real world 3. Please select one specific good or service that has elastic demand and share your own experiences in your daily lives Step by Step Solution
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