Examlex
Use properties of logarithms to expand the logarithmic expression as much as possible.
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Luxury Goods
High-end items that are not considered essential but are highly desired within a culture or society, often associated with wealth or quality.
Demand Curve
A graph showing the relationship between the price of a good or service and the quantity demanded.
Complements
Complements are goods or services that are used together, where the use or consumption of one increases the demand for the other, such as coffee and sugar.
Substitutes
Products or services that can replace each other in use, where an increase in the price of one leads to an increase in demand for the other.
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