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If the value of the price elasticity of demand is 0.6,demand is said to be
Conclusion
The final part of something, notably an argument or text, where the main points are resolved or summarized.
Evidence
Evidence refers to information, facts, or data presented to support a claim, assertion, or hypothesis.
Generalization
A broad statement or conclusion that applies to many instances, derived from specific cases.
Positive Instance
An item that belongs to a given class and possesses the trait attributed to the class by a given generalization.
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