Examlex
Technician A says cooling system pressure is controlled by the radiator cap. Technician B says cooling system pressure is controlled by the thermostat. Who is correct?
Price-Elastic
A characteristic of goods or services for which their demand or supply significantly changes with small changes in price.
Mass Transit
Public transportation systems designed to move large numbers of people efficiently via buses, trains, subways, and other modes of transport.
Price Elasticity
A gauge of the responsiveness of the quantity of a good supplied or sought after to fluctuations in its price.
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