Examlex
Low context cultures include all of the following except:
Elasticity
A measure of how much the quantity demanded or supplied of a good changes in response to a change in its price or other economic factors.
Demand
The desire of purchasers, consumers, or clients for a particular good or service, coupled with the ability and willingness to pay for it.
Demand Curve
A graphical representation showing the relationship between the price of a good or service and the quantity demanded for a given period.
Elastic
Describes a situation in which the supply or demand for a good or service significantly changes in response to price changes.