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This chapter covers the topic of elasticity. You learned about price elasticity of demand, cross price elasticity and income elasticity. For this discussion, If your
This chapter covers the topic of elasticity. You learned about price elasticity of demand, cross price elasticity and income elasticity. For this discussion, If your last name begins with the letter N through Z, pick two goods and describe the cross price elasticity of demand (complements or substitutes). Describe what you would expect elasticity to look like for the good(s) and explain why you think it would look that way for your selected good(s). To earn full credit on this discussion, you must have a substantive comment on another student's post from the opposite elasticity group
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