Repeating a Telephone Number Over and Over Until You Can

question 1

True/False

Repeating a telephone number over and over until you can write it down or dial it is an example of rehearsal.

Learn how elasticity of supply differs from elasticity of demand and its implications

Recognize external factors influencing demand elasticity, including taxes and substitutes

Understand the concept of elasticity in economics, including its mathematical representation and factors affecting it.

Identify and differentiate between perfectly elastic and perfectly inelastic demand and supply.

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Definitions:

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning.

Unconscious Forces

The underlying psychological influences of which we are not aware that affect our thoughts, feelings, and behaviors.

Replication

Repeating a study to see if the effect is reliable.

Independent Variables

The factors manipulated or controlled by researchers in an experiment to determine their effects on dependent variables.