Examlex
Describe the lexicographic heuristic used to make consumer choices.
Elastic Demand Curve
A demand curve that indicates a high responsiveness or sensitivity of quantity demanded to a change in price.
Shell-brand Gasoline
A type of fuel sold under the Shell brand name, which is a global group of energy and petrochemical companies.
Heating Oil
A low viscosity, liquid petroleum product used as a fuel oil for furnaces or boilers in buildings.
Consumer
An individual or group who purchases goods and services for personal use.
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