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Explain how the availability of substitutes affects demand elasticity.
Ethical Commitments
Pledges or obligations to adhere to moral principles and behaviors, typically within professional or organizational contexts.
Value-Based Power
is a form of influence derived from aligning leadership and decision-making with core values and principles.
Substantive Power
The capability to effect substantive changes in a given context, typically through the possession of resources, authority, or influence.
Qualitative and Quantitative Data
Qualitative data refers to non-numerical information that describes characteristics or qualities, while quantitative data consists of numerical information that can be measured and analyzed statistically.
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