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Choose two real-world companies in different industries, one that you feel faces elastic demand and one that you feel faces inelastic demand.  In each case, you are an economist working in the company and you have come to a conclusion of what kind of demand the company faces.  You are to write a paper, convincing the president of the company of your conclusion and explaining what the company's pricing strategy should be.

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Canada has a national health insurance program NHI (a government run health insurance system cover...

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