If the Slope of a Demand Curve Is Constant, Then

question 121

Multiple Choice

If the slope of a demand curve is constant, then we know that

• A) elasticity of demand is also elastic everywhere.
• B) elasticity of demand is constant and elastic.
• C) elasticity of demand is inelastic everywhere.
• D) elasticity of demand varies along the demand curve.

---

Definitions:

Positive Reinforcement

A process in which presenting a positive stimulus after a desired behavior increases the likelihood of that behavior occurring again.

Observational Learning

The process of acquiring new behaviors or knowledge by watching and imitating the actions of others, also known as social learning or modeling.

Model

In science and engineering, a model is an abstract representation meant to study, simulate, or explain the behavior of real systems or phenomena.

Discriminative Stimulus

A stimulus in the presence of which a particular response will be reinforced, used in behavioral psychology to study learning and conditioning.