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The elasticity of demand for a particular product depends upon:
Superego
A component of Freud's psychoanalytic theory, referring to the ethical or moral part of the personality structure.
Psychoanalysis
A therapeutic approach founded by Sigmund Freud, centered around understanding unconscious thoughts and behaviors through techniques like dream interpretation and free association.
Rational Emotive Therapy
A form of psychotherapy that helps individuals identify and challenge irrational beliefs to replace them with more rational thoughts.
Cognitive Theory
This theory focuses on understanding how people process, store, and use information and how this affects their behavior.
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