Examlex

Solved

When a Large Number of Substitutes Are Available, Demand Will

question 11

True/False

When a large number of substitutes are available, demand will tend to be more elastic.


Definitions:

Sensitization

An increased reactivity to all environmental events following exposure to an intense stimulus.

Behavioral Contrast

A phenomenon in which a change in the reinforcement conditions of one behavior leads to an opposite change in the rate of another behavior.

Opponent Process

A theory suggesting that emotions are regulated by mechanisms that operate in opposing pairs.

Related Questions