Refer to the Exhibit

question 22

Multiple Choice

Refer to the exhibit. What does this notification indicate about activity over the last 90 days?

• A) In cluster 2, more licenses have been used than are installed for less than 15 days.
• B) In cluster 3, the license agreement will remain in compliance for 20 more days.
• C) In cluster 4, at least 5 percent of the installed licenses have not been used.
• D) In cluster 6, the license agreement has been out of compliance for more 30 days.

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Definitions:

Decrease in Demand

A downward shift in the demand curve for a product or service, indicating that consumers are willing to purchase less at each price level.

Substitution Effect

The Substitution Effect refers to changes in consumption patterns due to a change in the relative prices of goods, leading consumers to replace more expensive items with less costly alternatives.

Tea

A beverage made by steeping processed leaves, buds, or twigs of the tea plant in hot water, enjoyed globally for its aromatic flavors.

Coffee

A brewed drink prepared from roasted coffee beans, which are the seeds of berries from the Coffea plant.