What might be an example of a more elastic good?What might be an example of a more

Question

  • What might be an example of a more elastic good?
  • What might be an example of a more

inelastic good? Explain why.

  • What importance do you feel it is for firms to understand the elasticity of their products they are selling?
    • What are some possible investment choices as an individual?
    • What factors influence your decision on what to invest in?
    • How does the economic climate affect what you invest in?

    Economics