For Computers and Other Business Equipment, Small Changes in Business

question 78

Multiple Choice

For computers and other business equipment, small changes in business earnings tend to generate relatively large short-run changes in the demand for this equipment. In the long run, the responsiveness of demand for business equipment with respect to income changes tends to be:

• A) even more responsive.
• B) less responsive.
• C) equally responsive.
• D) none of the above

---

Definitions:

Cultural Competency

The ability to understand, appreciate, and interact effectively with people from different cultures.

Microaggressions

The everyday, subtle, intentional — and oftentimes unintentional — interactions or behaviors that communicate some sort of bias against historically marginalized groups.

Implicit Biases

Unconscious attitudes or stereotypes that influence an individual’s understanding, actions, and decisions in an unconscious manner.

Racial Attitudes

The beliefs, feelings, and predispositions that individuals have towards people of different racial backgrounds.