... government agencies. (Federal Reserve Bank of St. Louis [FRBSL], 2004) This money has been given to certain government agencies that do similar work, to that which we are currently offering. When and if any of the agencies actually receive any governmental assistance the demand for our services decreases due to the fact that the government agencies budgets are funded completely by the "average American taxpayer" and we obtain our funds based upon whatever each individual is able to pay. This allows the government to offer more elaborate activities until they have spent their entire budget. Based on this information you can see that our pricing has very little to do with the demand for our services and therefore our pricing is very inelastic. Fortunately regardless who is performing this service the overall need is going to be meet, but from an economic viewpoint our competitor has now found a ...

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