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Gary Thrower is a chimney sweep.He gives large discounts to homeowners who use his services in June and July.This is an example of a seasonal discount.
Slightly Inelastic
Describes demand or supply that is only marginally responsive to changes in price, with the quantity demanded or supplied changing by a smaller percentage than the price change.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a given price over a specific period.
Supply
The total amount of a product or service available for purchase at any given price level in a given market.
Market
A system where buyers and sellers interact to trade goods, services, and resources.
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