Examlex
Which sediment load is likely to move the least,in between periods of flood?
Price Elasticity
The measure of how responsive the quantity demanded or supplied of a good or service is to a change in its price.
Substitutes
Goods or services that can be used in place of each other, where the use of one increases the likelihood of the use of the other decreasing.
Price-Elastic
A characteristic of goods or services for which their demand or supply significantly changes with small changes in price.
Mass Transit
Public transportation systems designed to move large numbers of people efficiently via buses, trains, subways, and other modes of transport.
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