Price elasticity of demand

The elasticity of a product, whether in the supply or demand sector, is determined by how sensitive the product is to a change in price.

Based on the above, choose a product from the market:

1. How, for the selected product, does the company manage to modify prices based on its different levels of elasticity through different moments or time of existence of the product? 2. Include a description of the product that was selected. 3. Define the concept of "price elasticity" of demand for the product. 4. Reference