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Answer the following questions about price elasticity of demand.
Retail Price
The total cost that consumers pay for a product in retail stores, including markups by retailers.
Wholesale Cost
The price charged by manufacturers or distributors to retailers for products, typically lower than the retail price.
Basic Price Per Meal
The standard cost before any discounts or additional fees, for a single meal offering.
Discounted
The reduction applied to the original price of a product or service.
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