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NEW QUESTION: 1
If the elasticity of demand for a normal good is estimated to be 1.5, then a 10% reduction in its price would
cause:
A. Total revenue to fall by 10%.
B. Total revenue to fall by 15%.
C. Demand to decrease by 10%.
D. Quantity demanded to rise by 15%.
Answer: D
Explanation:
Choice "c" is correct. The elasticity of demand is calculated as:
% Change in demand
% Change in price
If the elasticity of demand is 1.5 (assumed to be the absolute value, as the elasticity of demand for a
normal good is always negative), then a 10% price reduction would cause an increase in the quantity
demanded by 15% (a ratio of 15 to 10 or 1.5).
Choices "a", "b", and "d" are incorrect, per Explanation: above.
NEW QUESTION: 2
HOTSPOT
Note: This question is part of a series of questions that use the same scenario. For your convenience, the scenario is repeated in each question. Each question presents a different goal and answer choices, but the text of the scenario is exactly the same in each question in this series.
Start of repeated scenario.
You are a database administrator for a company that has on-premises Microsoft SQL Server environment. There are two domains in separate forests. There are no trust relationships between the domains. The environment hosts several customer databases, and each customer uses a dedicated instance running SQL Server 2016 Standard edition. The customer environments are shown in the following table.
End of repeated scenario.
You need to configure auditing for WDWDB.
In the table below, identify the event type that you must audit for each activity.
NOTE: Make only one selection in each column.
Answer:
Explanation:
You must log any deletion of views and all database record update operations.
NEW QUESTION: 3
Based on the Tuckman model of team development, identify the stage when team relationships should start to harmonise and the team agrees on normal work patterns and the best way to tackle the work ahead of them. Job roles and relationships within the team are also agreed.
A. Storming
B. Forming
C. Norming
D. Performing
Answer: C
NEW QUESTION: 4
What is the purpose of session management?
A. To store information on the server-side between HTTP requests.
B. To store information on the client-side between HTTP requests.
C. To manage the user's login and logout activities.
D. To tell the web container to keep the HTTP connection alive so it can make subsequent requests without the delay of making the TCP connection.
Answer: A