For this assignment, you will answer a series of  questions in    the form of an essay. Support your answers with research from at  least three     peer-reviewed journal articles.  

1.    Research   elasticity information for two particular goods: one with                an elastic demand   and one with an inelastic demand. Using    elasticity             information you gather,   predict changes in demand.    The United              States   Department of Agriculture website has a good   resource   to        help     with this.    
2.  Describe   how marginal analysis, by avoiding sunk costs, leads to                better pricing   decisions. 
3.  Explain   the importance of opportunity costs to decision-making and how                opportunity   costs lead to trade. 
4.  Evaluate   how better business decisions can benefit not just the                producer but the   consumer and society as a whole. In your evaluation,                contrast the deontology   and consequentialism approaches to ethics.        

Your essay must be at least three pages in length (not  counting   the    title and references pages) and include at least three  peer-reviewed     resources.  Adhere to APA Style when writing your essay, including  citations    and references  for sources used. Be sure to include an introduction.