If Price Increases 6% and the Quantity Exchanged Increases 4

question 201

Multiple Choice

If price increases 6% and the quantity exchanged increases 4%, what does that tell us about the elasticity of demand?

• A)​Demand is elastic.
• B)​Demand is unit elastic.
• C)​Demand is inelastic.
• D)​It tells us nothing about the elasticity of demand.

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Definitions:

Reinforcers

Stimuli, which when presented after a behavior, increase the likelihood of that behavior being repeated.

Pathological Triangular Relationship

A dysfunctional pattern of interaction involving three parties, where conflict between two is avoided by offloading it onto a third party.

Disengaged Family

A family unit where members have weak emotional bonds, leading to a lack of support and communication among them.

Enmeshed Family

A family system with overly close and intertwined relationships, where boundaries are blurred, and independence is discouraged.