What is the name of the compound below?
Definitions:
Price Change
A variation in the cost of a good or service, which can occur due to various factors like supply and demand or inflation.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating the sensitivity of consumers to price changes.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a specific price.
Price Range
The spectrum of prices at which a particular product is sold in the market, from the lowest to the highest.
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