ECO 561 Week 1 Individual Assignment: Scenario ConceptResources: Will Buryâs Price Elasticity Scenario⢠Read the University of Phoenix Material â Will Buryâs Price Elasticity Scenario.⢠Write a 350- to 700-word paper explaining the economic concepts found in the reading assignment.⢠Discuss how the course readings relate to the context of the scenario. Be sure to include citations and references where appropriate.