Examlex
The GED exam is a ______.
Opposite Direction
A concept reflecting movement, tendency, or orientation diametrically different from a reference point or direction.
Relatively Elastic
Describes a supply or demand curve in economics that shows a greater sensitivity or responsiveness to changes in price.
Price-Elasticity
A measure of how much the quantity demanded or supplied of a good changes in response to a change in its price.
Price-Inelastic
Describes a situation where the demand for a product does not change significantly with a change in the product's price.
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