Examlex
Emily works for a small architecture firm that has a dozen employees.Emily has discovered that she is pregnant.Which of the following statements is true under the Pregnancy Discrimination Act?
Price Elasticity
An economic concept that measures how the quantity demanded of a good changes in response to a change in its price.
Price Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good.
Elastic
A term often used in economics to describe a situation where the demand for a product or service significantly changes in response to a change in price.
Pricing Strategy
An approach businesses use to set the prices for their products or services, based on costs, market demand, competition, and other factors.
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