If the Supply of Oranges Is Unit Elastic, the Price

question 77

Multiple Choice

If the supply of oranges is unit elastic, the price elasticity of supply of oranges is

• A) 1.0.
• B) 0.0.
• C) -1.0.
• D) -100.0.

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Definitions:

Punishments

Consequences applied in response to undesirable behavior, intended to reduce the likelihood of that behavior occurring again.

Positive Reinforcement

Employing incentives or rewards to reinforce desirable behavior, thereby increasing the likelihood that the behavior will be repeated.

Company Wellness

Corporate programs or initiatives designed to support and improve the health and well-being of employees, including physical, mental, and emotional aspects.

Positive Reinforcement

The process of encouraging or establishing a pattern of behavior by offering rewards or positive outcomes.