Examlex
The bottom of the ocean floor is not considered part of the biosphere because no sunlight reaches it.
Chocolate Chip Cookie Dough
A mixture used to bake chocolate chip cookies, often considered for its raw consumption appeal as well.
Elastic
Describes a situation in which the supply or demand for a good or service is highly responsive to changes in price.
Good Substitutes
Products or services that can be used in place of one another, where the increase in price of one leads to an increase in demand for the other.
Price Elasticity of Demand
A measure of how much the quantity demanded of a good changes in response to a change in its price.
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