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NEW QUESTION: 1
If a 10 percent decline in airfares leads to a 5 percent increase in total expenditures on air travel, the price elasticity of demand for air travel in this range must be
A. 0.5.
B. elastic.
C. inelastic.
Answer: B
Explanation:
Since a price decline led to an increase in total expenditures on air travel, the demand for air travel must be elastic. This is because elastic demand implies that a 10 percent decline in price will lead to a greater than 10 percent increase in demand. Thus, under elastic demand and a price decline, total expenditures are expected to rise.

NEW QUESTION: 2
Drag the description from the left to add on appropriate section of Port Cost / Switch Port Priority / Port Priority

Answer:
Explanation:

Explanation

NEW QUESTION: 3

A. Use HTTPS
B. Install from SFTP server
C. Install from a file
D. Use LDAP
E. Use SCEP
Answer: C,E

NEW QUESTION: 4
A resource has already resolved. What is the best way to modify a property of an asset resource in an OSGi service implementation?
A. Start a new AssetsManager object, then invoke setAssetPorperty(resource, ''isFlagged.''
B. Adapt resource to Node.class, then invoke node.setProperty(''isFlagged'',true),
C. itemsetPropertyisFlagged true).
D. Resource.setProperty(isFlaggedtrue
Answer: D