If Variable Input Data Is Needed,a _____ Must Be Provided

question 38

Multiple Choice

If variable input data is needed,a _____ must be provided to explain what is needed.

• A) dialog box
• B) list box
• C) menu bar
• D) toggle button

---

Definitions:

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating a responsive market.

Inelastic

Describing a situation where a change in the price of a good or service has a relatively small effect on the quantity demanded or supplied.

Price Elasticity

The responsiveness of the quantity demanded or supplied of a good to a change in its price, commonly referred to in economics as price elasticity of demand or supply.

Quantity Demanded

The total amount of a good or service that consumers are willing to buy at a given price over a specified period.