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Newly hatched ducklings and goslings follow the first moving object to which they are exposed.According to Konrad Lorenz,the hatchlings are showing:
Total Revenue
The total income a business receives from selling its goods or services, calculated as the quantity sold multiplied by the price.
Midpoint Formula
In economics, it is often used to calculate the price elasticity of demand by comparing the percentage change in quantity demanded to the percentage change in price.
Price Elasticity
An index of how sensitive the amount of a product that is bought or sold is to variations in its cost.
Total Revenue
The overall amount of money generated by the sale of goods or services before any costs are subtracted.
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