Examlex
Briefly explain why sand is moved by wind before clay and silt during wind erosion.
Inelastic
Describing demand or supply with little to no response to changes in price.
Quantity Demanded
The amount of a good or service that consumers are willing to purchase at a given price over a specified period.
Price Elasticity
A measure in economics of how the quantity demanded of a good or service changes in response to a change in its price.
Quantity Supplied
The amount of goods or services that producers are willing and able to sell at a specific price.
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