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URGENT PLEASE! APPLIED ECONOMICS. Part I. Direction: Observe the market in your community or think about the goods and services offered in your area. From
URGENT PLEASE! APPLIED ECONOMICS.
Part I. Direction: Observe the market in your community or think about the goods and services offered in your area. From your observation, give examples of goods that are considered to be elastic and inelastic.
ELASTIC GOODS | INELASTIC GOODS |
Part II. Explain why you think those goods are elastic and inelastic. (mini-mum of 5 sen-tences)
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