Homework 1 (Due Wednesday, August 24th)
For homework due Wednesday, August 24th at the beginning of class (do not email, you must print out and bring with you to class) please click on the link below and read the following article. You are required to read the article, and then provide a two-paragraph summary of the article. Each paragraph must include a minimum of five sentences each. Do not plagiarize or include your own opinions in the summary. Instead, read the article, and provide a summary in your own words. Be prepared to discuss the article in class if called upon. The article assigned relates to the concept of price sensitivity including elastic and inelastic demand.
Link to article