Analyze two goods/services that you think are elastic and inelastic in your daily life that you have recently purchased or not when the price changes.

Analyze two goods/services that you think are elastic and inelastic in your daily life that you have recently purchased or not when the price changes.

Discussion Board #2
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Discussion Board Requirements(please review syllabus for more detailed explanation)

1. Initial post: 3-4 paragraphs, must have at least an in-text citation and reference in APA formatting, answer the question

2. Peer responses: two peer responses of at least one paragraph in length. any response to my questions will count as well

3. First post due by Thursday by the FIRST Thursday of the module by 11:55pm

4. Week ends by Saturday at 11:55pm

Rubric:

60 points for initial post(20 points for having first post by Thursday)

40 points for two peer responses

Question:

Analyze two goods/services that you think are elastic and inelastic in your daily life that you have recently purchased or not when the price changes(relate your answer to the characteristics of elasticity).

Explanation & Answer

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