AT LEAST 150-200 WORDS

DISCUSSION 1: ECOCNOMICS COURSE

Define elastic and inelastic demand, and give an example of a product with relatively elastic demand and an example of a product with relatively inelastic demand. What factors impact the elasticity of demand for products? Finally, suppose you are elected to Congress and you want to raise more federal funds to support your cause. On which of the following products (alcohol, butter, toilet paper, or books) will you place an extra tax and why?

DISCUSSION 2: PROJECT MANAGEMENT COURSE

Why is it important to include not only those things within the scope of the project as well as those things outside the scope of the project?

DISCUSSION 3:

Who is your favorite author and why?

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