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Explain,describe,and discuss your own community in relation to the essential elements of community and sense of community.Consider in your discussion the community elements of linkages,communication,common ties,and interaction,as well as the sense of community elements which include similarities,interdependence,mutual exchanges,and a sense of belonging.
Price Elasticity
A measure of how much the quantity demanded or supplied of a good responds to a change in its price, indicating how sensitive the quantity is to price changes.
Quantity Demanded
The cumulative quantity of a product or service that buyers are ready and capable of buying at a certain price level.
Elasticity Coefficient
A numeric value that measures the responsiveness of the quantity demanded or supplied of a good to a change in its price.
Buyer Responsiveness
The degree to which consumers adjust their demand for a product or service in response to changes in price or other factors.
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