If There Are Few Close Substitutes for a Good,demand Tends

question 84

Multiple Choice

If there are few close substitutes for a good,demand tends to be relatively:

• A) elastic.
• B) inelastic.
• C) unitary elastic.
• D) neither elastic, inelastic, nor unitary elastic.

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Definitions:

Sponsor

A person in an organization who can create career development opportunities for others.

Learning Principles

Guidelines to the ways people learn most effectively.

Transference

Applicability Of Training To Job Situations; evaluated by how readily the trainee can transfer the learning to the job.

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The act of taking part or getting involved in activities or discussions, often referring to employees’ involvement in decision-making processes within an organization.