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-Aurelian
Price Elasticity
measures how much the quantity demanded of a good responds to a change in the price of that good, with higher elasticity indicating greater sensitivity to price changes.
Electricity Consumption
The total amount of electricity used by individuals, businesses, and other entities within a certain timeframe.
Government
An organized system that establishes rules and regulations, provides services, and enforces laws for a society or community.
Price Elasticity
Measures how the quantity demanded of a good changes in response to a change in the price of that good.
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