Examlex
______ is not the same as sympathy,agreement,or approval.It means to see,feel,and think as another person does.
Elastic
Describes a situation where the demand for a product or service significantly changes in response to a change in its price.
Price Elastic
Relating to the responsiveness of the demand or supply of a good or service to changes in its price.
Price Elasticity
A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price level.
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