Examlex
What is the name of the type that denotes floating-point numbers that can have fractional parts?
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in its price, indicating its sensitivity to price changes.
Specific Excise Tax
A tax levied on a particular good or service, usually based on a fixed amount per unit, such as per liter of alcohol or per pack of cigarettes.
Unitary
A term in economics used to describe a situation where a change in one factor leads to a proportionate change in another factor.
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.
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