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If the price elasticity of demand is 1, demand is
Consensual Unit
A social or familial group formed based on mutual agreement or consent, rather than through legal, blood, or traditional binds.
Economic Cooperation
A type of arrangement in which parties agree to work together towards common or mutual economic goals, often including trade agreements, shared investments, and collaborative projects.
Christianity
A monotheistic religion based on the life and teachings of Jesus Christ, emphasizing love, forgiveness, and redemption.
Islam
A monotheistic religion founded in the 7th century, based on the teachings of Prophet Muhammad and the holy book, the Quran.
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