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_________ Is Derived from the Latin Caenum , for "Filth

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Short Answer

_________ is derived from the Latin caenum , for "filth" and is defined by Webster's dictionary as "deeply offensive to morality or decency … designed to incite to lust or depravity."


Definitions:

Tax Burden

The measure of the total taxes paid by an individual, corporation, or another entity relative to its income, assets, or consumption levels.

Elastic

A characteristic of a good or service that indicates a greater than proportional change in quantity demanded or supplied in response to price changes.

Inelastic

Describes demand or supply that is relatively unresponsive to price changes, meaning quantity demanded or supplied changes little when price changes.

Unitary Elasticity

A situation where a one percent change in the price of a product results in a one percent change in the quantity demanded.

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