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Why, following World War II, did the Soviet Union use its newfound superpower status to solidify control over Eastern European states like Poland and Czechoslovakia?
Elasticity of Supply
A measure of how much the quantity supplied of a good changes in response to a change in its price.
Productive Capacity
The maximum output a company or economy can produce with its current resources and technology, without causing inflation.
Labor Changes
Adjustments in the workforce, including alterations in the number of workers, the quality of labor, or employment conditions.
Unit Elastic
A demand or supply situation where the percentage change in quantity demanded or supplied is exactly equal to the percentage change in price.
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