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Different products have different elasticity. Heart medication, for example, is inelastic and corn is elastic.

Different products have different elasticity. Heart medication, for example, is inelastic and corn is elastic. Find a product that has not already been selected and describe the price elasticity and income elasticity. How much control might an organization have over pricing based on a product’s elasticity? Discuss which of the elasticity rules you used to determine your answer. [Objective 1.1] Due 03/18/2010


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