If in the Short Run the Demand for Mass Transit

question 113

Multiple Choice

If in the short run the demand for mass transit is inelastic and in the long run the demand is elastic, then a price

• A) increase will decrease total revenue in the short run but increase total revenue in the long run.
• B) increase will increase total revenue in the short run but decrease total revenue in the long run.
• C) decrease will increase total revenue in the short run but decrease total revenue in the long run.
• D) decrease will decrease total revenue in the short run and decrease total revenue in the long run.

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Definitions:

Adaptive Emotion Schemes

Patterns of emotional response that are flexible and change in accordance with situational demands, contributing to psychological well-being.

Schema Focused Therapy

A form of psychotherapy that combines elements of cognitive-behavioral, experiential, interpersonal, and psychoanalytic therapies to change negative patterns or themes in one's thinking.

Jeffrey Young

An American psychologist known for founding Schema Therapy, a therapeutic approach that combines elements of cognitive, behavioral, attachment, and gestalt therapy to treat mental health disorders.

Limited Reparenting

A therapeutic technique in which the therapist offers a corrective emotional experience to the client, simulating the nurturing support of a parent.