I need support with this Asian Studies question so I can learn better. Write a review of the reading Marcus and Chen Inside Outside Chinatown Requirements: 250+ | .doc fileATTACHMENTSmarcus_and_chen_inside_outside_chinatown.pdf
Utilize the attached file to complete the question.
Determine whether the prices in your local area are higher or lower than the national average.
Create a 700-word proposal in which you include the following:
- Explain elasticity of supply and demand and how this relates to your pricing decision.
- Determine if your prices will be higher, lower, or the same for the new location.
- Defend the pricing decision including all supporting documentation.