Table 5-5 -Refer to Table 5-5. Demand Is Unit Elastic When Quantity

question 166

Multiple Choice

Table 5-5
-Refer to Table 5-5. Demand is unit elastic when quantity demanded changes from

• A)9 to 8.
• B)10 to 9.
• C)10 to 11.
• D)There is not enough information given to determine the correct answer.

---

Definitions:

Activated Needs

Activated needs are desires or requirements that have been triggered by internal or external stimuli, prompting individuals to take action.

Acquired Needs Theory

A psychological theory suggesting that individuals acquire certain needs through their life experiences, such as the needs for achievement, affiliation, and power, which influence their motivation and behavior.

Need For Achievement

A motivational drive that pushes individuals to reach success, excel in their endeavors, and overcome challenges through personal effort.

Job Enrichment

Enhancing a job's meaningfulness through allowing more autonomy, responsibility, and variety in tasks, often to improve employee satisfaction and performance.