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NEW QUESTION: 1
Carnival Cruise Lines increased the price of its seven-day cruise package by 20 percent recently. If demand for its cruises is negatively elastic, which of the following is the likely outcome of the increase in price?
A. There will be no change in the number of cruises booked.
B. The company will see an increase in customer bookings.
C. The company will see a decrease in total revenue.
D. The company's total revenue will increase.
E. The company's profit will decrease though its revenue will increase.
Answer: C

NEW QUESTION: 2
Which of the following matches the definition:
The volume of air that can be inhaled following exhalation of tidal volume?
A. Inspiratory reserve volume
B. Inspiratory capacity
C. Vital capacity
D. Expiratory reserve volume
Answer: B

NEW QUESTION: 3
Which principle of the IBM Cloud Computing Reference Architecture V4 describes the objective to share a common management platform?
A. Efficiency principle
B. Economies-of-scale principle
C. Lightweightness principle
D. Generic principle
Answer: B
Explanation:
Reference:
http://www-03.ibm.com/certify/tests/obj283.shtml