Assuming Elasticity Is Reported in Absolute Value,a Unit Elastic Good

question 38

Multiple Choice

Assuming elasticity is reported in absolute value,a unit elastic good:

• A)has a measured elasticity of greater than zero.
• B)has a measured elasticity of greater than one.
• C)has a measured elasticity of less than one.
• D)has a measured elasticity of exactly one.

---

Definitions:

Unconditional Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any prior learning.

Conditional Stimulus

In classical conditioning, a previously neutral stimulus that, after association with an unconditioned stimulus, comes to elicit a conditioned response.

Unconditional Response

An automatic response to a stimulus that occurs naturally without any need for learning or conditioning.

Conditional Response

A learned reaction to a specific stimulus that does not naturally elicit that reaction, often developed through the process of conditioning.