Examlex
As a branch of the social sciences what does economics study?
Hamburger
A popular food item consisting of cooked ground meat, usually beef, placed inside a sliced bun, often accompanied by various toppings.
Absolute Value
The absolute value of a number is its distance from zero on the number line, without considering direction; it is always positive.
Midpoint Formula
A method for calculating price elasticity of demand or price elasticity of supply that averages the starting and ending prices and quantities when computing percentages.
Price-elasticity Coefficient
A measure that indicates how much the quantity demanded of a good responds to a change in the price of that good, expressed as a percentage change.
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