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A price elasticity of demand of -0.67 implies
Methyl Salicylate
An organic ester naturally produced by many plants and is commonly used in muscle pain relief creams for its anti-inflammatory and pain-relieving properties.
Systemic Acquired Resistance
A plant's innate immune response triggered by previous infection, providing long-lasting protection against a wide range of pathogens.
Plant Hormones
Chemical substances produced by plants that regulate growth, development, and other physiological processes.
Phytochrome
A photoreceptor in plants that absorbs light primarily in the red and far-red regions, thereby regulating various aspects of growth and development.
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