Morgan Needs to Hire Someone to Help Implement a Business

question 331

Multiple Choice

Morgan needs to hire someone to help implement a business intelligence system for her company.What type of professional would be the best fit for this job?

• A) Database administrator
• B) CEO
• C) Data analyst
• D) Retailer

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Definitions:

Higher Taxes

Increased rates or amounts of taxes imposed by governments on individuals, corporations, or transactions.

Inelastic

Inelastic refers to a situation in which the quantity demanded or supplied of a good or service is relatively unresponsive to price changes.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a specific price level, at a given point in time.

Elasticity Coefficient

A numeric value that measures the responsiveness of the quantity demanded or supplied of a good to a change in one of its determinants, such as price.