Examlex
Among the following pairs, which is likely to have the greatest price elasticity of demand? Why?
a.cars or Toyotas
b.electricity usage during a month or during a year
c.cable television or an apartment rental
Ecologically Sustainable
Practices or processes that are designed to preserve the environment and natural resources for future generations.
Energy-efficiency
The goal or practice of reducing the amount of energy required to provide products and services, often to conserve resources and reduce environmental impact.
Greenhouse Gases
Gases in the Earth's atmosphere that trap heat, contributing to global warming, including carbon dioxide, methane, and nitrous oxide.
Bioplastic
A type of plastic material derived from renewable biomass sources, such as vegetable fats, oils, corn starch, or microbiota, designed to reduce reliance on fossil fuels.
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