a bar graph that is needed for some of the work is uploaded.
Instruction:
1. The essay correctly indicates that the availability of substitutes increases the elasticity of demand, but lacks an appropriate example that explains why demand tends to be relatively elastic when substitutes are available.

2. The work does not adequately explain how the same percentage change in the price of two goods affects the demand for each of the two goods.

3. The essay does not clearly explain if demand is more or less elastic because of a consumers time horizon. please clarify

4. To fully meet requirements, the work needs to refer to the two graphs attached to the task direction and identify the exact location of the elastic, inelastic, and unit-elastic price ranges. Using the graph provided identify a starting price point and an end point to these three ranges.

5. please explain the impact of price range to total revenue for each of the three price ranges.