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If Consumers Are Insensitive to Price Changes for a Particular

question 109

Short Answer

If consumers are insensitive to price changes for a particular good,their demand for the good is said to be _________.


Definitions:

Pleasure

Pleasure is a positive, enjoyable, or satisfying experience that can be derived from physical, emotional, or psychological activities or stimuli.

Species-Specific

Characteristics or behaviors that are unique to a particular species.

Exhibited

Shown or displayed, particularly in the context of presenting information or items publicly.

Aggressive Response

A reaction characterized by or resulting in aggression or hostility, often as a mechanism to assert dominance or defend oneself.

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