Wednesday 7 May 2014

Estimating demand

•Use the Internet and Strayer databases to research the elasticity of demand for consumer goods and services in an industry of your choice. Be prepared to discuss.
..•From the e-Activity, analyze the elasticity of demand for products within the selected industry relevant to Katrina’s Candies. Determine the factors involved in making decisions about pricing these products that you believe to be the most influential. Provide a rationale for your response.
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