If the Price of a Product Increases by 10 Percent

question 63

Multiple Choice

If the price of a product increases by 10 percent and the quantity demanded decreases by 15 percent, then the

• A)product has an elastic demand.
• B)product has an inelastic demand.
• C)product has an elastic supply.
• D)product has a unit-elastic demand.
• E)producer should raise the price further to increase total revenue.

Identify ethical issues surrounding the use of information and technology in surveillance and data collection.

Differentiate between ethical and legal considerations in information technology.

Recognize the significance of data protection laws and privacy rights.

Evaluate the implications of machine learning and artificial intelligence in law enforcement tools.

---

Definitions:

Telepathy

The alleged exchange of information between individuals without utilizing any established human senses or physical interaction.

Light Wave's Amplitude

The height of a light wave, which determines the brightness or intensity of the light.

Brightness

The perception of how light or luminous an object appears to the human eye, influenced by the object's illumination and reflective properties.

Light Wave

A form of electromagnetic radiation visible to the human eye, capable of traveling through vacuum and exhibiting wave-particle duality.