Solved: Give examples of how to use the concept of elasticity 1, Business Management

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Give examples of how to use the concept of elasticity 1

Give examples of how to use the concept of elasticity 1) including an explanation of why or how businesses might use the concept of elasticity; and 2)Give examples of negative/positive externalities, defend your position on why you be believe they are externalities. What can governments do to correct for these market failures?

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Business Management: Give examples of how to use the concept of elasticity 1

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