Week 8, Price Elasticity and Price Ceilings (Semester 1).docx

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Week 8 TasksName:_____________________Directions:Complete the questions and tasks below by referring to the correspondinginformation or websites located above each question set(A-F).You must complete ALL sections!Answer the questions inREDtext.Reminder, for graphs in sections B, C, & F: question 1,please use your computer to draw a graph OR draw the graphs on paper, take a picture of thegraph, and insert each graph in the correct space in this assignment.Price Elasticity on the Supply & Demand CurveA.Watchvideo clip 1(see directions tab) about Price Elasticity and answer thequestions below:1.Why is calculating elasticity important for businesses?

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Term
Spring
Professor
Smith

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