Address the elasticity of Apple Inc. and answer the following questions

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In this part of your paper, address the elasticity of Apple Inc. the company which you have selected. Conduct research for your company and prepare an essay that addresses the following.

  • How elastic is the product and/or service?
  • If the company needed to increase sales by 40%, what would need to be done (in terms of elasticity)?
  • Explain how this would affect both supply and demand.
  • Could this affect substitute or complementary products or services? Explain.

Remember to cite your sources in APA format.

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APA Format; Title Page, In text citations, Spelling, Grammar, Reference Page, Academic Resources

 
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