workbook submission iv elasticity

For this workbook assignment, you need to create two additional multi-step, math-based elasticity problems that are similar to either question #2, #3, #6, #7, or #8 from the elasticity section in your workbook.

The question you create and solve can look at price elasticity of demand, income elasticity of demand, cross-price elasticity, or elasticity of supply. You may not use the same category twice, if you use price elasticity of demand for the first question, you have to use a different type of elasticity for the second question.

For each question, you need to have a minimum of three questions within the overall problem (see examples in the workbook). You must create at least one graph, and have it show what is happening in the problem (there should be a before and after graph for most problems).

 

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