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What affects the price elasticity of demand for a monopolist's product?
Endogenous
Generated from within rather than by external cues.
Internal Biological Clock
An innate mechanism that controls the physiological activities of an organism, ensuring they occur at optimal times.
Consciousness
The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.
Awareness
The state or ability to perceive, feel, or be conscious of events, objects, or sensory patterns.
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