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The MySQL Statement Used to Test for a Condition and Then

question 15

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The MySQL statement used to test for a condition and then direct when blocks of code should be run depending on the outcome of the test is:


Definitions:

Price Elasticity

An indicator that measures the impact on the quantity of a good demanded when there is a change in its price level.

Midpoint Method

A technique used to calculate elasticity by averaging the two points on a demand or supply curve and considering the percentage change from the average.

Price Elasticity

A measure of the sensitivity of demand for a product or service to a change in its price.

Elasticity of Demand

An evaluation of how sensitively the demanded amount of a product responds to changes in price.

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