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Assignment 2 consists of one  questions (worth 10 marks each). Sources used in your answer should be fully referenced in APA 6th style.

Communicate your ideas with correct grammar, spelling and writing style and support your answers with diagrams as necessary.

Question 1 (10 marks) (1000 words minimum)

Use the economics or other literature (but not the textbook) to identify estimates of the price elasticity of demand for at least three different products or services. The estimates must be from three different articles with a publication date of 2017,  2018 or 2019. Provide complete references for the sources that you have used.  Comment on the magnitudes of these estimates in relation to the standard economic determinants of the price elasticity of demand.

Presentation

The following points are a general guide for presenting assessment items.

Responses to assessment items should be typed. Use 1.5 spacing.

Use a wide left margin. Markers need space to be able to include their comments. Use a standard 12pt font such as Times New Roman, Calibri or Arial.

Left- justify body text.

Include a separate title page with your name, student number, subject code, assessment number and assessment question. Include class time and tutor’s name if applicable. Number your pages (except the cover page).

Use a header or footer with your name and student number on each page.

Always keep a copy of your assessments. Both a hard copy and an electronic copy.

Most importantly, always use your spelling and grammar checker, but remember that this does not pick up all errors. You must still manually and carefully edit your work.

You need to appropriately reference all the articles, reports and web-sites you employ in developing your assignments. Please use the APA style, information can be found at the CSU Referencing website at:    http://student.csu.edu.au/study/referencing-at-csu

Requirements

Sources used in your answer should be fully referenced in APA 6th style.

Assignments must be submitted through Turnitin.