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Demand Is Said to Have Unit Elasticity If the Price

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Demand is said to have unit elasticity if the price elasticity of demand is


Definitions:

Circadian Rhythms

Biological processes that display an endogenous, entrainable oscillation of about 24 hours, affecting sleep, hormone production, and other bodily functions.

Bright Lights

Intense or high levels of illumination, which can affect mood and alertness and are used therapeutically in treating conditions like seasonal affective disorder.

Night Shift

A work shift that takes place during the nighttime hours, typically involving work hours that occur when most people are asleep.

Tropical Animals

Species adapted to survive in the tropical climate zones, which are characterized by high temperatures and significant rainfall.

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