If a Demand Curve Is Unit Elastic, Then P Times

question 13

True/False

If a demand curve is unit elastic, then P times Q will remain constant when P changes.

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Definitions:

Job Enlargement

The process of adding more tasks to a job to increase its scope and the variety of work performed.

Worker Dissatisfaction

A state where employees are unhappy and dissatisfied with their job conditions, leading to lower productivity and morale.

Basic Task

The fundamental duties or responsibilities associated with a specific job or role within an organization.

Job Characteristics Approach

The job characteristics approach is an alternative to job specialization that takes into account the work system and employee preferences; it suggests that jobs should be diagnosed and improved along five core dimensions.