Examlex
When tested in a laboratory study, Reese identified the statement, "Cows make milk" as true faster than she did the statement "Cows breathe air." What does this likely indicate about the relationship between categories in her semantic network?
Cross Price Elasticity
A measure of how the demand for one product changes in response to a change in the price of another product, indicating substitutes or complements.
Substitutes
Goods or services that can replace each other in use, affecting demand when their prices or other attributes change.
Demand
The quantity of a product or service consumers are willing and able to purchase at various prices.
Tax Revenue
The income that is gained by governments through taxation.
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