Since the pandemic, we have seen an alarming increase in patients' weight which has raised some concerns among our patients. In our yearly physical, some of our patient's lab values indicate they are pre-diabetic and also developing high cholesterol levels due to increased body mass. To mitigate obesity among our patients, our office has launched a weight management program for any patient interested in losing weight. Our weight management program offers various techniques to lose weight and remain healthy. The program includes a combination of dietary changes with diet supplements such as vitamin b12, lipotropic injections, Phentermine pills, and exercises. Over the past months, we have seen a growing interest in our program from our patients and community members. Analyzing the demand, products, and services we offer will give a broader overview of how to deal with the market economy

1) Describe the relationship between the price of your service/product and the quantity demanded of your service/product?

2)Identify whether demand is sensitive (e.g. elastic) or less sensitive (e.g. inelastic) to changes in the price.