If a Change in Price Causes No Response at All

question 81

Multiple Choice

If a change in price causes no response at all in the quantity of the product demanded, then demand for the product is

• A) elastic.
• B) infinitely elastic.
• C) relatively inelastic.
• D) perfectly inelastic.
• E) unit elastic.

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Definitions:

Overgeneralizing

A cognitive distortion where a person applies one experience or piece of information too broadly to other unrelated situations.

Cultural Sensitivity

The recognition and respect of different cultures and beliefs, adjusting behaviors and practices to be inclusive and considerate.

Social Work Values

Core principles that guide social workers in their professional activities, emphasizing respect, dignity, and commitment to the well-being of individuals and communities.

Strengths Perspective

The Strengths Perspective is an approach in social work and psychology that focuses on the inherent strengths and resources of individuals to address their problems and challenges.