You will write a one to two page double-spaced paper regarding the Elasticity of Demand. Look for an article from a credible source, ie. Wall Street Journal, Reuters, Associated Press, Forbes Magazine, the Economist, and/or the New Yorker.
You can extend your search by looking at specific goods/services that are either considered highly elastic or highly inelastic. Please find an article that you are interested in and want to learn more about.
After choosing an article, analyze the following:
-What is the article about?
-How does this article relate to our class in regards to the Elasticity of Demand?
-What is/are the significance of the issue(s) economically?
-How will the issue affect the economy ten to twenty years from now?