Which of the Following Is TRUE with Regard to the Length

question 4

Multiple Choice

Which of the following is TRUE with regard to the length of time that should be allowed for a dyad?​

• A) ​Dyads can last anywhere from 2 to 10 minutes
• B) ​Leaders should tell members in advance how long a dyad will last
• C) ​Both choices are true
• D) ​Neither choice is true

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Definitions:

Unit Elastic

A situation in which the percentage change in quantity demanded is equal to the percentage change in price, leading to a unitary elasticity of demand.

Elastic Portion

The segment of a demand curve where a change in price leads to a more than proportional change in the quantity demanded, indicating high price sensitivity.

Linear Demand

A type of demand where there is a constant relationship between the quantity demanded and price, represented by a straight line on a graph.

Price Inelastic

A situation in which the demand for a good does not change significantly in response to a change in price, indicating that consumers are less sensitive to price changes.