Excessive Preoccupation with a Behavior and an Overwhelming Need to Perform

question 87

Multiple Choice

Excessive preoccupation with a behavior and an overwhelming need to perform it is

• A) compulsion.
• B) dependence.
• C) tolerance.
• D) habit.

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Definitions:

Price Elasticity

A measure of the sensitivity of quantity demanded or supplied to changes in price.

Substitutes

Pairs of goods for which a rise in the price of one of the goods leads to an increase in the demand for the other good.

Related Diversification

Is used when a corporation believes it can achieve synergy among the various businesses that it owns.

Unrelated Diversification

Unrelated diversification is a corporate strategy involving a firm expanding into business activities that are different from its current operations or markets, aiming to reduce risk through diversification.