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The demand for strawberry ice cream tends to be relatively price elastic because:
Long-term Investments
Long-term investments are assets that a company intends to hold for more than one fiscal year, including stocks, bonds, real estate, and other securities.
Future Expansion
Planning and preparing for growth in business operations, often involving strategic investments in facilities, technology, or workforce.
Intangible Assets
Assets that lack physical substance but have value due to the rights and advantages they provide to the business, such as patents, copyrights, and trademarks.
Uncertain Benefits
Advantages or gains that are not guaranteed or clearly defined, often associated with investments or business ventures.
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