Determines extent to which supply anddemand of chosen produ

Determines extent to which supply anddemand of chosen product or service are sensitive to changes in priceby applying the concept of elasticity but with gaps in accuracy ordetailFeedback:Is Walmart grocery goods elastic or inelastic and why?Selects two nonprice factors impacting the demand of chosen product or service, justifying selections but selection (s) are inaccurate or justification is illogical.Feedback: This is microeconomics so you should discuss non-price demand factors like income and expectations not population that is a macroeconomics.

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