Employees Steal Time on Company Computers to Do Personal Business

question 14

Multiple Choice

Employees steal time on company computers to do personal business.This can be considered as an example of ________.

• A) unauthorized access
• B) hacking
• C) Web vandalism
• D) cyberstalking
• E) embezzlement

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Definitions:

Elastic Demand

Elastic Demand occurs when the quantity demanded of a product changes significantly as its price changes.

Luxury Items

Goods and services that are considered non-essential but desirable, often characterized by their high quality, exclusivity, and high price.

Necessities

Basic needs or essential goods and services required for individuals to maintain a minimum standard of living, such as food, shelter, and healthcare.

Cross-Price Elasticity

A measure of the responsiveness of demand for one good to a change in the price of another good.