Describe how each of four factors contributed to elasticity

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There are 4 factors that influence the price elasticity of demand. In a 2 - 4 paragraph, choose a product purchased in the past month from a clothing or shoe store and, describe how each of the 4 factors contributed to the elasticity of the good. Is the product considered elastic, inelastic, or unitary elastic. What effect does the current supply and current demand have on this product? Can someone help me Please?

Reference no: EM13147917

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