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A burrito from Mi Cocina shows inelastic demand because as the restaurant changes the burrito size the price changes.

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The Iphone 7 shows elastic supply because the comany, Apple, advances the iphone  features and he prices increase.The company Apple does this so that people can buy their products. So Apple makes more mosney

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When my parents give me $20 for food I think of buying a venti vanilla bean starbuck

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An airplane ticket shows elastic demand because there are many tickets but he prices can be expensive.

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A cigarette is an example of inelastic supply because buyers will continue buying them with out caring on the price.

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A 5 star notebook is an example of elastic supply because there are many 5 Star notebook but the prices are expensive.

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The CocaCola Factory shows a service of elastic demand when the company wants to change the size of its soda the prices increase.

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A telephone services shows a service of inelastic demand because the phone service can have little changes but the prices will change because of a new contact.

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This Jeep shows a good of inelastic demand because the company can upgrade the jeep on the way it looks but the prices of the jeep will increases.

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The experience that i had with diminishing marginal utility was in Golden Carol. It was an all you can eat buffet. I was starving so I ate at Golden Carol. the first plate was enjoyable but as I ate plates the less satisfaction I had.

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Oil is a resource that can make profit and is not wasteful. Many people and companies will want to buy oil for their needs no matter the price. The company that produces it will make profit out of it because of the high price

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Tomatoes represents a cost of production because its a raw material. When I want to make a salsa i go but tomatoes to make the salsa.

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In the future suppliers will be supplying more jackets from Eddie Bower for winter in the summer, because its more likely to increase in winter.

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As the price of the tacos from Taco Bell, I went La Panda and bought more tacos for a cheaper price. I substituted tacos from Taco Bell for tacos at La Panda

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This king size Reeses bar shows law of demand because the price increases but it still has the same amount