Question: Interview five people to determine whether demand could be characterized as elastic or inelastic for the following sports products: season tickets to a favorite college

Interview five people to determine whether demand could be characterized as elastic or inelastic for the following sports products: season tickets to a favorite college basketball team's games, golf lessons from Greg Norman, and Nike KD's.

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2. Ask questions, listen rather than attempt to persuade.

9. How much of the information collected will be used in decision-making?

1. Background knowledge of the subject and