Examlex
In the context of personality characteristics in organizations, which of the following statements is true of employees with positive affect?
Demand
The desire for a particular good or service backed by the ability and willingness to pay for it.
Industrially Advanced Economies
Countries that are highly developed with significant industrial growth, sophisticated technology, and strong infrastructure, typically experiencing high standards of living.
Highly Elastic
refers to the sensitivity of demand or supply to changes in price or other factors, where a small change can cause a significant change in the quantity demanded or supplied.
Highly Inelastic
Describes a situation where supply or demand for a product or service is relatively unresponsive to changes in price.
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