Examlex
To use a physical exam as a selection device, a company must ________.
Elasticity of Demand
A measure of how sensitive the quantity demanded of a good is to a change in its price, indicating how consumers' purchasing decisions are affected by price changes.
Natural Gas
A fossil fuel used primarily for heating, electricity generation, and as a fuel for vehicles, consisting mainly of methane and found underground.
Price Increase
A rise in the cost of goods or services over a specific period of time, which can affect purchasing power and economic stability.
Substitutes
Substitutes are goods or services that can be used in place of each other, fulfilling the same needs or desires of the consumer.
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