Read the article from the Journal of Applied Health. Select a reported elasticity and interpret it in a paragraph. Is demand elastic, unit elastic, or inelastic? What would be the impact of a 10% price increase? How would a producer need to change their price (increase or decrease) to increase total revenue?

• Nghiem, N., Wilson, N., Gen, M., & Blakely, T. (2013, November).Understanding price elasticities to inform public health research and intervention studies: Key issues.American Journal of Public Health, 103(11), 1954-1961. Retrieved fromhttps://www.ncbi.nlm.nih.gov/pmc/articles/PMC3828704/