Examlex
What does a short-day plant require in order to flower?
Inelastic Demand
Inelastic demand occurs when the quantity demanded of a good or service changes minimally in response to price changes, indicating consumers' low sensitivity to price variations.
Subsidy Benefit
Financial assistance granted by a government, organization, or individual to support economic activities deemed beneficial, lowering the cost to the consumer or producer.
Statutorily Granted
Rights or privileges given or controlled by laws or statutes rather than by common law or equity.
Subsidy Benefit
Financial support provided by the government or an organization to reduce the cost of goods or services for the end-user.
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