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Assume that when the price of good X is $12,quantity demanded is 32.When price is decreased to $9,quantity demanded increases to 45.Based on this information,over the range in question demand is elastic.
Depressed
A state characterized by feelings of severe despondency and dejection, often with lack of energy and difficulty in maintaining concentration or interest in life.
Essential Oils
Plant extracts that are highly concentrated and maintain the original aroma and taste, or "essence," of the plants they come from.
Degenerative Joint Disease
Also known as osteoarthritis, a type of arthritis that occurs when the cartilage that cushions the ends of bones in the joints deteriorates over time.
Eucalyptus
A diverse genus of flowering trees and shrubs, many of which are known for their aromatic leaves and are used in medicinal preparations.
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