1 of 5

Slide Notes

DownloadGo Live

Luxuries and Necessities

Published on Nov 26, 2015

No Description

PRESENTATION OUTLINE

LUXURIES AND NECESSITIES

EMILY, ROMA, PHIL, ALEX, ELI

INELASTIC: .27 (ED). EGGS: NECESSITY, NEVER ISN'T A DEMAND FOR EGGS (EH)

ELASTIC: 3.46 (ED)
IPHONE: LUXURY, PEOPLE DON'T NEED A HIGH TECH PHONE (EH)

ELASTIC: 4.2 (PT)
PORSCHE: LUXURY, A VERY HIGH END CAR (AH)

INELASTIC: .1 (RM)
NEWSPAPER: NECESSITY, THERE'S ALWAYS NEW NEWS AND A DESIRE TO READ IT (AH)