If the Price Elasticity of Supply Is 2 and the Quantity

question 152

True/False

If the price elasticity of supply is 2 and the quantity supplied decreases by 6%, then the price must have decreased by 3%.

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Definitions:

Errorless Discrimination Training

A training procedure in animal learning and educational techniques designed to minimize errors and reduce frustration by gradually introducing discriminative stimuli.

Alzheimer's Disease

A progressive neurological disorder that causes memory loss, cognitive decline, and eventual loss of ability to carry out the simplest tasks.

Discrimination Learning

A type of learning process where an organism learns to respond differently to various stimuli that are not identical.

Discriminative Stimuli

Stimuli that signal the availability of reinforcement or punishment, guiding organisms in making responses that are likely to be rewarded.