In Order to Protect Themselves from Disclosure of Proprietary or Confidential

question 45

Multiple Choice

In order to protect themselves from disclosure of proprietary or confidential information,businesses may:

• A) implement security measures to prevent access by outsiders.
• B) enforce contractual nondisclosure agreements against departing employees.
• C) limit disclosure of such information to those with a need to know.
• D) all of the above.

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Definitions:

Good Y

Typically, a variable used in economic models to represent a generic good or service in the market.

Income Elasticity

A measure of how much the demand for a good or service changes in response to changes in consumer income.

Inferior Good

is a type of good whose demand decreases when the income of consumers increases, contrary to what is observed with normal goods.

Cross-price Elasticity

A measure of how the demand for one good responds to a change in the price of another good, indicating their substitutability or complementarity.