Answer:
The corm farmers should reduce or decrease the number of acres on which they plant the corn. Therefore, the correct answer is C
Explanation:
The demand for the product is inelastic which means it is a situation or scenario in which the demand of the product does not increase or decrease likewise with rise or fall in the price of the product.
In order to increase the aggregate revenue on the product (corn) whose revenue is inelastic, the farmers should decrease the number of acres on which they grow or plant the corn.
Correct/Complete Question:
In e-business, secure web applications are one of the critical security controls that each organization must implement to reduce risk. True or False
Answer:
True
Explanation:
Web application security is a branch of information in which website security, its applications and its services and content is protected.
In e-commerce (electronic commerce), websites are used to conduct business, orders, payment, deliveries, etc. Security of this website is important so as to protect the e-business firm and its customers from various cyber-crimes like credit card phishing, personal information gathering, etc. When an e-business website is secured properly, business is done without fear by customers and also the firm itself. Examples of e-business website include walmart, amazon, bestbuy, etc.
Cheers.
Answer:
The consumer price index is used to measure the quantity of goods and services that the economy is producing.
Explanation:
CPI or consumer price index is a measure of changes in the average prices of a basket of products and services in a given time. The selected goods and services are a fair representation of consumption expenditure in the economy. Economists use the CPI as a Macroeconomic indicator of inflation.
As a measure of inflation, the CPI statistics communicate increases or decreases in the prices of goods and services in the economy. It forms a basis for policy decisions by the government that aid in the prevention of reduced purchasing power of the dollar. CPI is all about changes in prices and nothing to do with the production of goods and services.
