Quiz1. Draw a perfectly inelastic demand curve2. Who prefers that type of curve? (buyers or sellers?)3. Draw a perfectly elastic demand curve4. Who prefers that type of curve? (buyers or sellers?)5. What might have caused this change to the potato chips

market?6. What might have caused this change to the potato chips

market?Number 6 Number 5

Graph 2 of the articles

• Consider: elasticity of demand• Government price disruptions• shifts