In 2-3 paragraphs (see getting started module for details, including the specific sentence length requirements), respond to the following. Your initial post should be substantive. Also reply to at least 2 classmate’s posts. Offer a substantive reply of at least 1 paragraph. Aim to complete your initial post by Thursday of each week to allow other students to respond before Friday.
Give 2-3 examples of goods that you purchase for which your own demand is elastic, explain why – which determinant of demand is driving your elastic behavior?
Give 2-3 examples of goods that you purchase for which your own demand is inelastic, explain why – which determinant of demand is driving your inelastic behavior?
