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NEW QUESTION: 1
If a product has a price elasticity of demand of 2.0, the demand is said to be:
A. Relatively elastic.
B. Perfectly inelastic.
C. Relatively inelastic.
D. Perfectly elastic.
Answer: A
Explanation:
Choice "c" is correct. A price elasticity of demand of 2.0 means demand will change by 2* (as a
percentage) for any change in price. This is called elastic.
Choice "a" is incorrect. Perfectly elastic demand does not exist.
Choice "b" is incorrect. Perfectly inelastic demand means the quantity demanded will not change when
price changes.
Choice "d" is incorrect. Inelastic demand responds less than 1* (as a percentage) for a change in price.

NEW QUESTION: 2
What are the two operational modes available with VMware NSX balancer (Choose two.)
A. Baseline
B. inline
C. Setup
D. Proxy
Answer: B,D

NEW QUESTION: 3
300 Series SS, 400 Series SS and duplex SS are subject to pitting and localized corrosion under insulation. In addition, __________ are also subject to SCC if chlorides are present, while _________ are less susceptible.
A. Duplex SS, Low alloys
B. None of the above
C. Duplex SS, 300 Series Ss
D. 300 Series SS, Duplex SS
Answer: D