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If the demand for a product is elastic,then
Macroeconomic
Relating to the branch of economics that studies the behavior and performance of an economy as a whole, including topics like unemployment, GDP, and inflation.
High-priced
Relating to items or commodities that are sold at a price above the average market value.
Customer Demand
The quantity and type of goods or services that consumers are willing and able to purchase at various prices during a certain period of time.
Human Resources
The department within a business that deals with the recruitment, management, and direction of people who work in the organization.
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