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Other things constant, if the demand for a product is inelastic, the demand for a resource used as an input will tend to be
Predefined Structure
A data structure whose format and characteristics are specified beforehand, used to organize and store data efficiently.
BOOL-Type Tags
Boolean type tags used in programming to represent binary values of true/false or 0/1.
Binary Numbers
A numeric system that represents values using two symbols, typically 0 and 1, forming the basis of all modern computer systems.
Controller Scope Tags
In industrial programming, these are identifiers used within the controller's programming environment to define and manage variables or tags that are specific to a particular scope or context.
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