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Suppose there is a 6 percent increase in the price of good X and a resulting 6 percent decrease in the quantity of X demanded.Price elasticity of demand for X is
Gender
The range of characteristics pertaining to, and differentiating between, masculinity and femininity, often based on social and cultural distinctions rather than biological ones.
Ethnicity
A social category that divides people based on common cultural, ancestral, language, or national experiences, often marked by shared traditions and heritage.
Socioeconomic Gradient
A term used to describe the stepped levels of economic and social position or status that typically influence individuals' health, access to resources, and life opportunities.
Health
A state of complete physical, mental, and social well-being and not merely the absence of disease or infirmity, according to the World Health Organization.
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