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NEW QUESTION: 1
A basic determinant of the elasticity of demand for a normal good is the:
A. Number of sellers of the product.
B. Number of complements available for the product.
C. Length of time producers have to respond to market changes.
D. Number of substitutes available for the product.
Answer: D
Explanation:
Choice "b" is correct. The change in demand for a product, based upon a given change in that product's
price, is dependent on whether or not other (presumably cheaper) goods can be substituted for the
product.
Choice "a" is incorrect. The elasticity of supply (not demand) would take into account the response time
producers might have to market changes.
Choice "c" is incorrect. The number of sellers is irrelevant when calculating the elasticity of demand.
Choice "d" is incorrect. A complement good's demand is the same as the primary gooD. For example, an
increase in the demand for a given food would cause the demand for its complement to also increase.
The increased demand of the complement is irrelevant when calculating the elasticity of demand.
NEW QUESTION: 2
Your customer wants a completion status to grant credit and trigger a Leavel I (feedback) survey. Which fields are necessary to meet this requirement? Note: There are 3 correct answers to this question.
A. Item Type
B. Include learning events with this completion status for Item Evaluation: User Satisfaction Survey Assignments
C. Description
D. Include learning events with this completion status for Follow-up Evaluation: Application of Learning Surveys Assignments
E. Credit Given
Answer: A,B,E
NEW QUESTION: 3
Which two are true with respect to the upgrade process for the Cisco Unified Computing System? (Choose two.)
A. For easier manageability, Cisco provides one full bundle that contains the firmware images for all Cisco Unified Computing System components.
B. When the bundle image is downloaded, it must be transferred to the flash file system of the active fabric interconnect.
C. When the download is successful, Cisco Unified Computing System Manager expands the individual files from the archive and installs them in the correct flash file system partition.
D. You can choose from FTP, TFTP, SCP, and HTTP to copy the bundle image from a remote file system.
E. It is strongly recommended that you activate all components in all chassis at one time.
F. The I/O module, CIMC, and adaptors update process operates strictly on the backup
partition of Flash for a given component.
Answer: B,F
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