ECO 204

I need one page per discussion. Please provide exactly what both discussions ask for with correct format and paper structure as well as references to support what you write . Also their will be 2 classmate responds per discussion this is included. The respondes will be 1 or 2 paragraph directed to their discussion post respond in which I will send when discussions are sent back to me. Only professionals need to reply. If I like your service I will continue to use your service as long as you continue to do good work. The discussions are due ASAP, ASAP, ASAP, Please don't ask when the discussions are due because I'm stating it now, The responds for both discussions are due in 48 hrs. No Plagarized work will not be excepted, I will check, No Pay for copied work!!!!!!!!!!!!!!!!!!!!!!

1. Elasticity
   

• 1. Analyze the determinants of the price elasticity of demand and determine if each of the following products  are elastic or inelastic:
  • bottled water
  • toothpaste
  • cookie dough ice cream
  • fresh green beans
  • gasoline
• In your analysis, please make sure to explain your reasoning and relate your answers to the characteristics of the determinants of the price elasticity of demand.

1. 
   Guided Response: Review the discussion board posts of your classmates. Note their responses to the determinants of price elasticity of demand. Respond to at least two of your classmates. Discuss with your peers the characteristics of an inelastic versus  elastic good.
   
   
   
2. Externalities
   
   Explain the difference between a positive and negative externality. In your analysis, make sure to provide an example of each type of externality. Why does the government need to get involved with externalities to bring about market efficiency? What  solutions need to be provided for your examples?
   
   Guided Response : Review the discussion board posts of your classmates. What are some of the key differences between positive and negative externality? Respond to at least two of your classmates. Analyze the solutions your classmates offered and compare them to your own. Provide advice to your classmates’ solutions for making the market more efficient.