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In General, Demand Curves for Necessities Tend to Be Price

question 31

True/False

In general, demand curves for necessities tend to be price elastic.


Definitions:

Identity Concealed

To hide or mask one's true personal identity for various reasons.

Participants' Right

The entitlements and protections afforded to individuals taking part in research, ensuring their welfare and ethical treatment.

Justice

The principle of fairness and the moral rightness of laws and their execution in society.

Ethical Principle

A fundamental guideline or rule that helps determine the rightness or wrongness of actions within a moral framework.

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