A relationship that depends on the basic behavior of consumers and firms and remains unchanged over long periods is called a ________ relationship.

Name: A relationship that depends on the basic behavior of consumers and firms and remains unchanged over long periods is called a ________ relationship.
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Question

Quizplus · Accepted Answer

A structural relationship is based on the fundamental behavior of consumers and firms and is largely unaffected by short-term fluctuations. It is a long-term relationship that remains stable over time.

A Relationship That Depends on the Basic Behavior of Consumers