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The value of the absolute price elasticity of demand for good X is 3. The absolute price elasticity for good Y is 2. Which good's quantity demanded is less responsive to a change in price?
Homeless Persons
Individuals who lack a fixed, regular, and adequate nighttime residence, leading to living in shelters, streets, or other precarious situations.
Census Tracts
Small, relatively permanent statistical subdivisions of a county or equivalent entity, designed to be relatively homogeneous units regarding population characteristics.
Geopolitical Boundaries
The limits and divisions between countries, states, or territories defined by geography, politics, and international agreements.
Common Heritage
Shared cultural, historical, or familial backgrounds, traditions, or characteristics among a group of people.
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