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Understanding that there are differences between the counselor's values and the client's values can be helpful in counseling, according to
Sensitivity of Quantity
The responsiveness of the quantity demanded or supplied of a product to changes in its price or other factors.
Sensitivity of Price
The degree to which the price of a product or service impacts consumer demand or the quantity supplied.
Inelastic Demand
Refers to a market situation where the demand for a product does not change significantly in response to a change in price.
Elastic Demand
A market scenario where the quantity demanded of a product or service significantly changes in response to a change in price.
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