The Following Statement About Elasticity Is Not True

question 6

Multiple Choice

The following statement about elasticity is not true.

• A) Business travelers have a more inelastic demand than leisure travelers.
• B) Luxury goods have a more inelastic demand than do necessities.
• C) Luxury goods have a more elastic demand than do necessities.
• D) Leisure travelers have a more elastic demand than business travelers.

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Definitions:

Unconditional Reinforcement

Unconditional reinforcement refers to a method of reinforcing desired behavior by consistently providing a positive outcome, without any conditions.

Unconditional Retention

Unconditional retention often refers to the total retention or memorization of information without conditions or contingencies.

Unconditioned Stimulus

In classical conditioning, an unconditioned stimulus is something that naturally and automatically triggers a response without any learning needed, such as food causing salivation in dogs.

Unconditional Statement

A statement or proposition that is true or asserted without any conditions or limitations.