In the Context of Motivation, Persistence Refers to __________

question 172

Multiple Choice

In the context of motivation, persistence refers to __________.

• A) the length of time a person sticks with a path of action
• B) the amount of effort a person puts forth
• C) an individual's choice when presented with a number of possible alternatives
• D) the different needs that an individual is trying to satisfy
• E) the consequences of an individual's behavior

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Definitions:

Supply Elasticity

The degree to which the supply of a commodity reacts to shifts in its market price.

Adjustment Period

The time frame in which adjustments are made to adapt to new conditions, such as changes in interest rates for adjustable-rate mortgages or the transition period in economic policies.

Demand Increase

A situation where the quantity of a good or service that consumers are willing and able to purchase at a given price rises.

Perfectly Inelastic

A scenario where the quantity demanded or supplied of a good does not change regardless of changes in its price.