come up with a set of examples of elastic, inelastic, normal, and inferior goods in your own life. Pick one good from each of those categories and introduce that good or service to your group members. Explain why it you think the good belongs in the category.

come up with a set of examples of elastic, inelastic, normal, and inferior goods in your own life. Pick one good from each of those categories and introduce that good or service to your group members. Explain why it you think the good belongs in the category.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter7: Demand And Supply

Section7.1: Demand

Problem 3R

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