Discuss what is the value of the price elasticity, Finance Basics

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Discuss what is the value of the price elasticity

Problem

Give an example of a good that has elastic demand. What is the value of the price elasticity if demand is elastic? Give an example of a good that has inelastic demand. What is the value of the price elasticity if demand is inelastic?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: Discuss what is the value of the price elasticity

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