Examlex
Increasing the variety of foods often causes nutrient excesses and toxicities.A dietary change to eliminate or increase intake of one specific food or nutrient usually alters the intake of other nutrients.
Perfectly Elastic
A situation where a small price change results in an infinite change in the quantity demanded or supplied.
Supply
The total amount of a good or service available for purchase at any given price level in a market.
Inelastic Demand
A situation where the quantity demanded of a good or service changes very little when its price changes.
Luxury
Goods or services that are considered superior in quality and are often expensive, catering to a more affluent consumer base.
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