If Demand Hardly Changes with a Small Change in Price,we

question 116

Multiple Choice

If demand hardly changes with a small change in price,we say that the demand is ________.

• A) equal
• B) marginal
• C) inelastic
• D) elastic
• E) none of the above

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Definitions:

Punctuality

The state or quality of being on time.

Primary Appraisal

Primary Appraisal is the initial evaluation of how relevant and impactful a situation is to one's well-being, determining whether it is a threat, challenge, or harm.

Double Approach/Avoidance Conflict

A psychological conflict that occurs when a person faces a situation with both positive and negative aspects, leading to indecision.

Lewin

Refers to Kurt Lewin, a pioneering psychologist known for his field theory in social science.