Examlex
The price elasticity of demand for a good such as water is likely to be very low because:
Positivity
The practice or tendency of being optimistic in attitude, focusing on the positive aspects of life.
Self-Concept Clarity
The extent to which an individual's beliefs about themselves are clearly and confidently defined, internally consistent, and stable over time.
Social Status
The position or rank of a person or group within the society.
Sociometer Model
A theoretical model suggesting that self-esteem is a gauge that measures the quality of our relationships with others.
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