[SOLVED] The discussion questions must be 100-150 words
June 5th, 2022
Im stuck on a Business question and need an explanation.
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[SOLVED] The discussion questions must be 100-150 words
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Discussion Question 1
Explain the difference between change in quantity demanded and a shift in demand. What causes changes in quantity demanded? What causes a shift in demand?
Discussion Question 2
Adam and Barb go to the store to purchase some lottery tickets. Without looking at the price, Adam says Ill take 10 lottery tickets, and Barb says Ill take $10 worth of lottery tickets. What is each persons price elasticity of demand for lottery tickets?