ECONOMICS TABLE OF CONTENTS INTRODUCTION Gold 1 Question 1 1 Question 2 3 CONCLUSION 4 REFERENCES 5 INTRODUCTION Price elasticity and monopoly plays a vital role in every business as it directly reflects upon it’s position as well as success in the market. The present report will focus on the the price elasticity estimates of three distinct products and the reason behind their high demand or price in the marker. The market is expecting Altria Group to attain net revenue of $4.82 billion,