# Choose a product you have purchased in the past month from a grocery or home improvement store.# Describe how each of the 4 factors contributed to the elasticity of the good.# Is the product considered elastic, inelastic, or unitary elastic?# In a few sentences, what effect does the current supply and current demand have on this product?
# Choose a product you have purchased in the past month from a grocery or home improvement store. # Describe how each of the 4 factors contributed to…
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