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If the price elasticity of demand for a good is inelastic, a price change causes:
Negative Information
Information that is unfavorable or detrimental, which can significantly influence perceptions, decisions, and behaviors.
Calories
Units of energy used to quantify the amount of energy provided by food and drinks, and the amount of energy expended through activities.
Cognitive Abilities
The mental capacities to learn, think, reason, solve problems, and adapt to new situations.
Language Comprehension
The ability to understand spoken, written, or signed language, interpreting words, sentences, and texts to derive meaning.
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