Examlex
States may establish rules allowing police officers to search junkyards for stolen vehicles without an administrative warrant.
Occupations
Various forms of employment or professions where individuals engage in specific activities to earn a living, often requiring specialized training or skills.
Price Elastic
An indicator of the responsiveness of the demand for a product to fluctuations in its price.
Substitutable
Describes goods or services that can serve as replacements for each other, fulfilling similar needs or desires for consumers.
Unit-elastic
Unit-elastic refers to a situation in which the percentage change in quantity demanded or supplied is equal to the percentage change in price.
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