Price elasticity and inelasticity. marketing homework help

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Discuss:

  • The differences between price elasticity and inelasticity.
  • Why certain products (or services) are price elastic or inelastic.
  • The circumstances that can make a product (or service) that is price elastic become inelastic.

Choose a product that you use (except gasoline).

  • Discuss the reason(s) that it’s price elastic or inelastic.
 
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