Examlex
People living in societies with class systems, compared with those living in societies with caste systems, tend to think of others not as individuals but in terms of social categories.
Gas Pump
A machine at a fuel station that dispenses liquid fuels such as gasoline, diesel, or ethanol-blended fuels into the tanks of vehicles.
South Dakota
A state located in the Midwestern region of the United States, characterized by its rolling plains and rugged national parks.
Price Elasticity
A measure of the sensitivity of the quantity demanded or supplied of a good to a change in its price.
Demand Function
A mathematical relationship that represents the quantity of a good or service consumers are willing to purchase at various prices.
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