In Pricing Models,elasticity of Demand Is an Input with Specifies

question 25

Multiple Choice

In pricing models,elasticity of demand is an input with specifies the:

• A) range of demand 
• B) level of demand 
• C) sensitivity of price to changes in demand 
• D) sensitivity of demand to changes in price

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Definitions:

Token Economy

A behavioral modification technique that involves providing tokens as rewards for desired behaviors, which can later be exchanged for privileges or treats.

Operant Conditioning

A learning approach where the robustness of a behavior is changed by providing motivation or administering discipline.

Operant Conditioning

A form of learning in which the degree of a behavior is modified by giving reinforcements or implementing disciplinary actions.

Autism

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted and repetitive behavior.