Examlex
Economics has much in common with sociology because it is concerned with how societies organize themselves. However, economics shares little in common with political science, psychology or anthropology.
Demand Curve
A graph that shows the relationship between the quantity of a good demanded and its price.
Completely Vertical
In economics, this can refer to a supply curve that is perfectly vertical, indicating that the quantity supplied is completely unresponsive to changes in price.
Price Elasticity of Demand
The extent to which the demand for a good adjusts in response to price fluctuations.
American Girl Dolls
A brand of dolls and associated books and accessories that represent a variety of historical periods and contemporary settings, aimed at educating and entertaining children.
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