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Environmentalists have continually argued for the use of alternatives to fossil fuels to generate energy.Harnessing wind power by setting up wind farms had been one alternative proposed and implemented.As it is now known that these wind farms lead to the slicing and dicing of migratory birds and the decimation of the local bat population,we could say that environmentalists have committed the:
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 goods' sensitivity to price changes.
Price Elasticity
An indicator of the responsiveness of the quantity of a good demanded to its price variations, showing how sensitive the buyers are to changes in price.
Price Elasticity
An assessment of the responsiveness of product demand to changes in its pricing.
Demand Coefficient
A parameter in demand analysis that measures the sensitivity of the quantity demanded of a good to changes in its price or other factors.
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