Table 51 -Refer to Table 5

question 49

Multiple Choice

Table 5.1
$$\begin{array} { | l | l | } \hline \text { Quantity Demanded } & \text { Price } \\\hline 10 & \$ 50 \\\hline 20 & \$ 40 \\\hline 30 & \$ 30 \\\hline 40 & \$ 20 \\\hline 50 & \$ 10 \\\hline\end{array}$$
-Refer to Table 5.1.If price decreases from $50 to $40,the price elasticity of demand is _____

• A)10.
• B)5.
• C)3.3.
• D)3.
• E)0.5.

Identify the various determinants of a firm's compensation strategy.

Comprehend the process involved in the job classification system for job evaluation.

Grasp the basics and types of private pension plans.

Understand the implications and definitions of pay secrecy, pay compression, and pay inversion in wage and salary administration.