Examlex
Judging from what you have learned about how intelligence is typically measured,which one of the following would you be least likely to find on an intelligence test?
Price-Inelastic
Describes a situation where the demand for a good or service is relatively unchanged despite changes in its price.
Supply Curve
A graph showing the relationship between the price of a good and the quantity of the good that producers are willing and able to sell, usually upward sloping.
Budget Proportion
The allocation of financial resources among various categories or items in a budget.
Necessity
A good or service that is essential for living and is deemed indispensable.
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