Examlex
Earth's rotation axis ____________________ slowly so that in a few thousand years Polaris will no longer be the North Star.
Price Sensitive
The degree to which the demand for a product or service is affected by changes in its price.
More Elastic
Refers to a situation where the demand for a product is more responsive to changes in price or other factors.
Superior Quality
A designation for products or services that exceed standard quality benchmarks, often leading to higher customer satisfaction.
Less Elastic
Refers to a situation where a change in price leads to a relatively smaller change in the quantity demanded or supplied.
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