Match Each Item with a Statement Below

question 8

Multiple Choice

Match each item with a statement below:
-are also called steg tools

• A)Pixels
• B)Hex Workshop
• C)Adobe Illustrator
• D)Microsoft Office Picture Manager
• E)JPEG
• F)Steganalysis tools
• G)GIMP
• H)XIF
• I)Metafile graphics

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Definitions:

Unit Elastic

A situation in which a one percent change in price causes an equal percentage change in quantity demanded or supplied.

Very Inelastic

Describes a situation where the demand or supply for a product is barely affected by changes in the price.

Calculate Elasticity

entails determining the degree to which the quantity demanded or supplied of a good changes in response to a change in its price.

Unit Elastic

A situation in which the percentage change in quantity demanded or supplied is equal to the percentage change in price.