What has happened to the price and quantity of the substitutes and complimentary goods/ services for your selected product over the last year?
I am writing a paper on price elasticity. I am to select a product and state whether it has price elasticity or price inelasticity. I have selected the Infiniti M35 car. The starting price for year 2008 is $43,050, year 2007 starting price was $41,450, and year 2006 starting price was $42,700. What would be the impact of raisin