A Typical Application Form Would Be Least Likely to Provide

question 57

Multiple Choice

A typical application form would be least likely to provide information about the applicant's

• A) educational qualification.
• B) previous compensation.
• C) employment history.
• D) character.
• E) reasons for leaving previous employment.

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Definitions:

Elastic Demand

A situation where the quantity demanded of a good or service changes significantly as its price changes.

Price Elasticity of Demand

An index showing the extent to which demand for a product changes in reaction to a variation in its price, where an elasticity exceeding one signifies a strong response.

Determinants

Factors or elements that contribute to producing a particular result or outcome.

Rebate Program

A promotional offer that refunds part of the purchase price of a product to the customer, usually after submitting a claim form with a receipt.