With the Increased Usage of Cell Phone Services, What Has

question 168

Multiple Choice

With the increased usage of cell phone services, what has happened to the price elasticity of demand for land-line telephone services?

• A)It has become more price inelastic.
• B)It has become more price elastic.
• C)It has become more income elastic.
• D)The absolute value of the price elasticity coefficient has probably gone down.

---

Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually comes to trigger a conditioned response.

Unconditioned Stimulus

A stimulus that naturally triggers a response without any prior learning or association.

Unconditioned Response

In classical conditioning, a naturally occurring reaction to an unconditioned stimulus, such as salivating in response to food.

Successive Approximations

A method used in behavior therapy that rewards behaviors that are progressively closer to the desired behavior.