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NEW QUESTION: 1
If a $100 drop in the price of a $10,000 car resulted in an increase in the quantity of cars purchased from 100 to 110 and a $100 drop in the price of a $1000 vacation rental resulted in an increase in the quantity of weekly vacation homes rented from 100 to 110, the price elasticity of demand is:
A. greater for the car.
B. the same for both the car and the vacation rental.
C. less for the car.
Answer: A
Explanation:
The percentage rise in quantity was the same for both, but the percentage rise in price was greater for the vacation rental. Its elasticity of demand is smaller than for the car.

NEW QUESTION: 2
In agile delivery, who is responsible for maintaining the product backlog?
A. the product owner
B. the scrum master
C. the project manager
D. the product expert
Answer: A
Explanation:
Reference:https://www.scrumalliance.org/why-scrum/core-scrum-values-roles

NEW QUESTION: 3
The Start Center's Help menu provides links to which two resources? (Choose two.)
A. Self Service Help
B. IBM developerWorks Wiki
C. IBM Redbooks
D. IBM Electronic Support
E. StartCenterHelp
Answer: D,E

NEW QUESTION: 4
Consider a company that sells products to consumers: as one product begins the deterioration and death phases of its life cycle (or the divestment phase of a system), new products or projects must be established. This means that______________
A. The company definitely lacks a balanced portfolio
B. The company requires a continuous stream of projects to survive
C. The company is in a period of overall decline
D. The company is not at a high level of maturity
Answer: B
Explanation:
Organizations that rely on products for their revenue must constantly be introducing new products into the marketplace as old products are removed. Ideally, this should be an overlapping process to maintain balanced or increasing revenue over time. The closure phase evaluates the efforts of the total system and serves as input to the conceptual phase for new projects and systems. It also has an impact on other ongoing projects with regard to identifying priorities. [Closing] Kerzner 2009, 69-70