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Suppose Clyde always eats ice cream and chocolate syrup together. If the price of syrup increases by 10 percent, and the cross elasticity of demand is -2, the quantity of ice cream demanded
Close-Mindedness
The unwillingness to consider or accept different ideas or opinions.
Hostility to Reason
A negative attitude or opposition towards logical argumentation, critical thinking, or the rational resolution of conflicts.
Critical Thinking
A skill of objectively assessing evidence and arguments, to identify biases and assumptions, and make reasoned judgments.
Qualitative Improvements
Enhancements or upgrades in the quality or nature of something rather than in its quantity or numerical aspects.
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