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Learning Goal: I’m working on a micro economics discussion question and need an explanation and answer to help me learn.Part 1: Tell us about a good or service for which you have VERY Inelastic demand (you would buy almost the same amount even if the price doubled). Be honest, but creative.Part 2: Tell us about a good or service for which you have Elastic demand (you would buy a lot less of it if the price increased even a little).
Requirements: No matter
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