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NEW QUESTION: 1
The Waymand family typically ate hamburger as a regular staple in their diet. In the last few years, the
family income has doubled, and they have now replaced hamburger with steak as a regular staple in their
diet. This is an example where the demand for hamburger:
A. Is perfectly inelastic.
B. Responds as an inferior good.
C. Is relatively elastic.
D. Is perfectly elastic.
Answer: B
Explanation:
Choice "c" is correct. An inferior good is one for which the demand declines as income increases. A
normal good would experience an increase in demand in response to an increase in income. Because the
demand for hamburger went down as income increased, it is an inferior good. Choices "a", "b", and "d"
are incorrect. The elasticity of demand for a good is calculated by measuring the change in quantity
demanded over the change in price (not income). The question does not have sufficient information to
calculate the elasticity of the demand for hamburger.
NEW QUESTION: 2
You have a website hosted on App Engine standard environment. You want 1% of your users to see a new test version of the website. You want to minimize complexity. What should you do?
A. Create a new App Engine application in the same project. Deploy the new version in that application. Configure your network load balancer to send 1% of the traffic to that new application.
B. Deploy the new version in the same application and use the --migrate option.
C. Create a new App Engine application in the same project. Deploy the new version in that application. Use the App Engine library to proxy 1% of the requests to the new version.
D. Deploy the new version in the same application and use the --splits option to give a weight of 99 to the current version and a weight of 1 to the new version.
Answer: D
NEW QUESTION: 3
Which of the following layers of the OSI model provides non-repudiation services?
A. The presentation layer
B. The application layer
C. The physical layer
D. The data-link layer
Answer: B