Examlex
For the following questions, select the correct order for each set of details or sentences. Then identify which order the author uses: space, time, or importance. The male peacock is perhaps nature's most beautiful and magnificent bird.
(1) _____ black-and-white striped face
(2) _____regal, brilliant blue head crowned by a crest
(3) _____ long, sweeping tail feathers of iridescent green and gold ornamented with eye-like marks of blue
(4) _____ long, elegant neck and breast
(5) _____ plump brown body and brown wings
Relatively Inelastic
Describes a situation where the demand or supply for a good or service changes only slightly in response to changes in price.
Price Elastic
Refers to a situation where the demand or supply for a product or service significantly changes in response to its price change.
Soft Drinks
Non-alcoholic beverages that are usually carbonated and contain various flavorings and sweeteners.
Price Elasticity
A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.
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