Answer:
-0.2; less elastic to price
Explanation:
Given that,
Percentage change in the price of gasoline = 5%
Percentage change in the quantity demanded = 1%
Therefore, the price elasticity of demand is as follows:
= Percentage change in the quantity demanded ÷ Percentage change in the price of gasoline
= (-1) ÷ 5
= -0.2
Hence, the demand for gasoline is less elastic to price because higher percentage change in prices will lead to lower percentage change in the quantity demanded.
The purpose of a data administration group is to protect data and information assets by establishing data standards and data management practices and policies
<span>Controls are needed in a case-controlled study because the outcome would be invalid if there were no base controls to start with. It would be like trying to determine which cancer is more aggressive but if you don't have a control in place or to go by, your research would not have any validity.</span>
Answer:
Explanation:
Functional level strategies can improve a company’s ability to attain superior efficiency, quality, innovation, and customer responsiveness by reducing costs and improving production by ways such as economies of scale, learning effects, marketing strategies or efficient information technologies.
Answer:
If you don't trust the other party, you can't resolve conflict with them. You may even come to an agreement but without trust, you won't stick to it. ... In negotiations, parties who trust each other are more likely to cooperate and reveal information that may risk vulnerability.
