My community is buil up of many places like stores, local parks, restaurants, train station and many mre. But as I walk in my community I see that many stores and business are closing up/This is because peope are losing transportation like for example the gasoline prices are going higher so many people has to take the bus or look for jobs that are more closer. Also because for every item that is in the market thier prices are getting higher too. For example me I walk to school everyday. Then for i could get to my intership i have to take the bus and come in the bus. Elasticity is somehting really important for economic and oil crisis because we have to buy many items for wecould survive.
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