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Explain if consumer demand is strong enough to support the development of the product.

Step 1: Developing Your Pitch In this project, you will develop a product that you will pitch to investors. In your pitch, you will develop a business plan that answers specific questions and helps the investors understand that the product in your company is worthy of their investment. You will draft a sales pitch asking […]

Explain why quantity demanded does change a lot in response to an increase or decrease in price.

Elastic vs Inelastic Demand Write a discussion post that identifies real world goods or services that have elastic/inelastic demand. *Name a specific good or service that has inelastic demand (it has a steep demand curve). *Explain why quantity demanded does not change in response to an increase or decrease in price. *Then name a specific […]

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