Examlex
If the calculated price elasticity of demand between two points is -4, demand is
Exponential
Refers to the rapid increase or growth at a constant rate over time.
Positive
A term that can refer to an optimistic outlook, a test result indicating the presence of a substance or condition, or a number greater than zero.
Negative
A term that can denote a quantity less than zero, a pessimistic outlook, or the inversion of a situation or condition.
Strong Relationship
A significant association or correlation between two or more variables where changes in one variable are closely linked to changes in the other(s).
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