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.
14 Answers. Price elasticity is a measure of the responsiveness of the quantity demanded to a change in price. It is calculated as the percentage change in quantity demanded to a percentage change in price . When quantity demanded is very responsive to a change in price we say demand is elastic; when quantity demanded is not very responsive to a change, we say that demand is inelastic.