If the Demand Function Is Q = M - 2(ln

question 85

Multiple Choice

If the demand function is q = m - 2(ln p) over some range of values of p, then at all such values of p, the absolute value of the price elasticity of demand

• A)increases as p increases.
• B)decreases as p increases.
• C)is constant as p changes.
• D)increases with p at small values and decreases with p at large values.
• E)decreases with p at large values and increases with p at small values.

---

Definitions:

Functional Analysis

A behavioral technique that identifies the antecedents and consequences of behavior to determine the reason or function behind it, commonly used in behavioral psychology.

Nomothetic Approach

An approach focusing on studying what we share with others (laws or generalizations applicable to all members of a population).

Behavioral Diagnosis

A process in psychology used to determine the specific behavior patterns and mental processes underlying an individual's difficulties.

Concurrent Validity

The degree to which the measures gathered from one assessment tool agree with the measures gathered from other assessment techniques.