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PART 2 1. Check the news at the Financial Times, or at the Economist, or another reliable source, and find the following: 1. find a new that illustrates a price Elastic supply. Explain how the supply changes as price changes in your own words. Draw the supply curve in a graph. If you copy and paste relevant information from the article use quotation marks to indicate what has been copied and cite the source (include the link). 1. Find a new that illustrates a quite price Inelastic supply. Explain how the supply changes as price changes substantially in your own words. Draw the supply curve in a graph. If you copy and paste relevant information from the article use quotation marks to indicate what has been copied and cite the source (include the link)
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