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character: Elasticity of Demand
topic: Understanding the concept of elasticity in relation to market demand.
grade: 12
subject: Economics
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character: Price Elasticity of Demand
topic: Effect of price changes on the quantity demanded of goods and services.
grade: 12
subject: Economics
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character: Income Elasticity of Demand
topic: How changes in consumer income affect demand for various goods.
grade: 12
subject: Economics
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character: Cross-Price Elasticity of Demand
topic: Impact of the price change of one good on the demand for another good.
grade: 12
subject: Economics
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