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Lillian worked as an accountant for a business with annual profits of $1 million.However,her boss paid her a low-level salary that did not meet her family's expenses.Lillian soon realized that she could embezzle money easily and began skimming about $100,000 per year.According to the text,through which theory can the reason behind her deviant behaviour best be understood?
Price Elasticity
Measures the responsiveness of quantity demanded or supplied of a good to a change in its price, with elasticity types including elastic, inelastic, and unitary.
Demand Function
An equation that describes the relationship between the quantity of a good consumers are willing to buy and the price of the good.
Tickets
Documents or electronic vouchers that grant the holder permission to enter a place, travel on a vehicle, or participate in an event.
Marginal Revenue
The additional income received from selling one more unit of a good or service.
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