Adult System of Care. The Adult System of Care provides outpatient treatment for adults from the age of 18 years with serious and persistent mental illness and/or substance use disorders. Services are provided at various locations throughout Stanislaus County and are referred to as Regional Teams.
Explain what is meant by interest elasticity. Interest elasticity of supply represents a change in the quantity of loanable funds supplied in response to a change in interest rates. Interest elasticity of demand represents a change in the quantity of loanable funds demanded in response to a change in interest rates.
Elasticity is calculated with the following formula: Ed= (dQâQ)/(dPâP). It measures the sensitivity of the quantity demanded (Q) according to changes in the price (P). Elasticity is almost always negative as the relationship between the demand and the price is decreasing in most situations. To illustrate: an increase in price results in a decrease in demand in the vast majority of cases.