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The price elasticity of demand for a good is equal to:
Learned Helplessness
A condition where a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed.
Seligman
A psychologist known for his work on learned helplessness, depression, and the development of Positive Psychology.
Giving Up
The act of relinquishing effort or surrendering to circumstances, often resulting from feelings of defeat or hopelessness.
Diffuse Feeling States
Broad, often unclear emotional experiences that lack a specific, identifiable cause and can influence mood and behavior.
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