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One of the Biggest Impacts of Global Climate Change Will

question 24

Multiple Choice

One of the biggest impacts of global climate change will be in forestry and agriculture. The agricultural impacts will hit ____________ harder.


Definitions:

More Inelastic

A description of a product or service demand that is less sensitive to price changes compared to others.

Complement Good

A product that is typically consumed together with another product, increasing the demand for both.

Substitute Good

A product or service that a consumer can use in place of another product or service.

Elastic Demand

A situation in which the demand for a product or service significantly changes in response to a change in its price.

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