- Faith groups typically provide guidance to adolescents on how engaging in risky behaviors may impact their values, using religious principles as a framework. - Local sports organizations redirect teenagers' risky behaviors by encouraging participation in sports, which is generally more beneficial for them. - The Parents' Teacher Association assists parents by offering advice on managing their teenagers' risky behaviors at home.
Response:
C. a 5% reduction in price results in a 7.5% rise in quantity demanded
Clarification:
To arrive at this conclusion, we utilize the price elasticity of demand equation
Price elasticity = %change in quantity demanded/% change in price
Next, we substitute the relevant values into the equation
1.5 = 7.5% / 5%
This confirms that the proper answer is C as dividing 7.5 by 5 yields a value of 1.5.
An elasticity value of 1.5 indicates that the product is fairly elastic: implying the quantity demanded will adjust more significantly than the price. This is evident in the current scenario: quantity demanded increased by 7.5%, while the price only decreased by 5%.
The answer is competence. Explanation: According to section 2 of the Ethical Principles of Psychologists and Code of Conduct, established by the American Psychological Association (APA), the I/O psychologist, who is trained solely in organizational issues, fails ethically by providing counseling to Steve regarding personal matters outside their expertise.
