Examlex
Which one of the following is the best example of a language difference?
Elastic
In economics, it describes a situation where the demand or supply for a good changes significantly in response to price changes.
Nondiscriminating
Policies or practices that do not selectively favor or prejudice any particular group or individual.
Imperfectly Competitive
Describes markets that do not meet the strict criteria of perfect competition, often characterized by having a small number of firms that have control over prices.
Marginal Revenue
The extra revenue generated from the sale of an additional unit of a product or service.
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