Managerial Economics

Identify and summarize a current event article that is relevant to the weekly learning objectives and assigned readings (this week’s topic is “elasticity”).

Explain how the article relates to at least one of the learning objectives and explain why the information in the article matters in the context of business decision making.

Your response should be insightful, thoughtful, and analytical. Your response must have a clear, well formulated thesis, development using textual quotes and references; sentence structure, grammar, punctuation, and spelling count.