read article and answer following questions 2
- is the demand for fresh apples (the whole apple category) price inelastic or price elastic? Discuss the possible reasons to support your response (Hint: Read the supplemental material).
- Is the demand fresh apples income inelastic or income elastic? Discuss the possible reasons to support your response (Hint: needed item, luxurious item, etc.).
- Do you expect the demand for a specific variety of fresh apples be elastic or inelastic? Justify your response.
https://www.goodfruit.com/lots-of-new-apples-comin…
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