Search information about the following basic microeconomic concepts, and define them in both English and Spanish:
2. Demand elasticity
3. Income elasticity
4. Supply elasticity
5. Production costs
Elaborate an APA formatted, one page single-spaced, or a two-page double-spaced essay using the definitions and providing examples for each definition. Make sure you have an introduction and provide analysis and conclusions, internal references, and a List of References.