If the Price Elasticity of Demand for a Good Equals

question 128

Multiple Choice

If the price elasticity of demand for a good equals one, then the demand for that good is:

• A)elastic.
• B)inelastic.
• C)unit elastic.
• D)perfectly elastic.

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Definitions:

Relapse Prevention

A strategy in addiction treatment and behavior change that involves identifying and managing high-risk situations and triggers to prevent a return to undesired behaviors.

Transfer Obstacles

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Positive Transfer Climate

An organizational or educational environment that supports and encourages the application of new skills and knowledge acquired through training to actual work or real-life situations.