When Making a List of Nouns to Determine What Are

question 67

Multiple Choice

When making a list of nouns to determine what are the important "things" for the new system,there are three question that should be asked about each noun. Which of the following is one of those questions?​

• A)Is it a tangible item?
• B)Is it an abstract item?
• C)​Who needs information about this item?
• D)​Should it be researched further?

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Definitions:

Quantity Demanded

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

Midpoint Formula

A method used in economics to calculate the percentage change in quantity demanded or supplied, given two points, by dividing the change by the midpoint between the two points.

Price Elasticity

An economic concept indicating the responsiveness of the quantity demanded of a product to changes in its price, with high elasticity indicating greater sensitivity.

Foreign Travel

The activity of traveling outside one's home country for leisure, business, or other purposes.