Examlex
Which of the following is likely to have the most price elastic demand?
Unit Price
The price attributed to an individual unit of a product or service.
Retail Price
The price at which a product is sold to the end consumer, incorporating all costs plus a profit margin.
Simplify
To make something easier to understand or to reduce to a simpler form.
Canadian Dollar
The official currency of Canada, represented by the symbol "$" or the code "CAD".
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