Examlex
Preterm infants whose mothers participated in an intervention that included all factors EXCEPT _____ showed fewer behaviour problems at age 5 in comparison with mothers who did not receive the intervention.
Price Elasticity
The degree to which demand for an item is affected by fluctuations in its cost.
Demand
The willingness and ability of consumers to purchase goods or services at various price levels.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating a responsive market.
Inelastic
Describing a situation where a change in the price of a good or service has a relatively small effect on the quantity demanded or supplied.
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