Assume You Have the Following Declaration Double SalesData[1000];

question 8

Multiple Choice

Assume you have the following declaration double salesData[1000];.Which of the following ranges is valid for the index of the array salesData?

• A) 0 through 999
• B) 0 through 1000
• C) 1 through 1001
• D) 1 through 1000

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Definitions:

Inelastic

An inelastic good or service has a demand that does not change significantly when its price goes up or down.

Insensitive to Price

A characteristic of demand wherein the quantity demanded by consumers changes very little with a change in the product's price.

Unit Elastic

A situation in economics where the percentage change in quantity demanded is equal to the percentage change in price, resulting in no change in total revenue.

Total Revenue

The overall financial returns a corporation secures by selling products and providing services across a certain interval.