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Describe cohesiveness as a property of groups. How can a group be made more cohesive?
Characteristics
Features or qualities that distinguish one thing from another, used to describe unique aspects of individuals, objects, or concepts.
Short-run Supply Curve
A graphical representation showing the quantity of goods and services that producers are willing to sell at each possible price level, over a short time period where some production factors are fixed.
Long-run Supply Curve
A graphical representation showing the relationship between the price of a good and the quantity supplied over a long period, considering all possible changes in inputs and technology.
Elastic
Elastic refers to the responsiveness of the quantity demanded or supplied of a good or service to a change in its price, with high elasticity meaning significant responsiveness.
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