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Suppose we observe the light curve of a totally eclipsing binary like that in Figure 10-13 in Comins,Discovering the Essential Universe,6th ed.The brightness falls gradually from magnitude 5 to magnitude 9 and remains there for 12 hours before increasing gradually to magnitude 5.Then after a while it drops gradually to magnitude 6,remains there for 8 hours,and returns to magnitude 5.What conclusion can be drawn from this light curve?
Income Elasticity
A measure of how much the quantity demanded of a good responds to a change in consumers' income.
Mobile Service
A service provided by telecommunications companies that allows for voice, text, and data communication over mobile devices.
Midpoint Method
A technique used in economics for calculating elasticity by taking the average of the starting and ending prices and quantities to find a percentage change.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, reflecting the product's sensitivity to price changes.
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