PCC Elasticity of Demand Paper

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.

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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?

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