Examlex
Which of the following is a correct statement regarding the assignment of a legal action?
Ethnic Group
A community or population made up of people who share a common cultural background, ancestry, or social experience.
Potential Competitors
Firms that are not currently in a market but have the capacity to enter if they choose.
Price-Elastic
Price-elastic refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price; high elasticity means quantity changes significantly with price changes.
Amtrak Train Service
A government-owned corporation that provides intercity passenger train service in the United States.
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