Refer to the graph shown. Which point has an elasticity less than 1? 
Definitions:
Local Integration
The process where local businesses and populations adapt and incorporate into a larger economy or society, often fostering community development and cohesion.
Global Penetration
Refers to the extent to which a company or brand is recognized or has a significant presence in markets worldwide.
Global Integration
The process of interconnecting the world's economies, cultures, and infrastructures driven by global trade and investment.
Service Customization
The process of tailoring services to meet the specific needs and preferences of individual customers or market segments.
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