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When Sasha gets ready to walk her puppy, the puppy sometimes resists the leash by squirming. In response to this behavior, Sasha stops what she is doing, stands up straight, crosses her arms, and looks away, conspicuously ignoring the puppy. Sasha is using the procedure of _______ to reduce the dog's tendency to misbehave.
Inelastic
Refers to a scenario in which a change in price leads to a comparatively small change in the quantity demanded or supplied.
Price Elasticity
An indicator of the sensitivity of the demand for a product to alterations in its price.
Elastic
A term used to describe the sensitivity of the quantity demanded or supplied of a good or service to a change in its price.
Quantity Demanded
The specific amount of a product that buyers are willing and able to purchase at a given price.
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