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Elasticity and its application and supply-demand

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Reference no: EM133268140

Consider the following topics from Principles of Economics:

Chapter 5: Elasticity and Its Application

Chapter 6: Supply, Demand, and Government Policies

Step 1. Find a current event from a reputable news article or journal article related to either Chapter 5 or 6

Step 2. Write about the article and Economics concept as follows:

1: Discuss the topic of the article (What is the issue?)

2: Discuss how the article or topic relates to an Economics concept in the above chapters. Use a graph and/or data to explain or support your point.

3: Summarize how an understanding of the Economics concepts can be used can provide a solution to the issue in your chosen topic or how the concepts in the chapter provide an understanding of the topic.

Reference no: EM133268140

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