Consider the market for your business Dog Boarding and Daycare.

1. Indicate if the demand for your good or service is elastic or inelastic.
2. Describe the specific characteristic(s) of your good or service that leads to its elasticity or inelasticity.
3. Explain how the (in)elasticity of demand influences your ability raise total revenue.

Answer rating: 100% (QA)

1 Elasticity of Demand for Dog Boarding and Daycare The demand for dog boarding and daycare services ... View the full answer