Motorola reduced the price of the electronic engine control that ...

[LaDunn]

Motorola reduced the price of the electronic engine control that it sells to Ford by 10 percent and experienced a 15 percent increase in quantity demanded. This suggests that Ford's price elasticity of demand is:
 A) elastic.
  B) inelastic.
  C) neither elastic nor inelastic.
  D) insensitive to price changes.
  E) none of the answer choices.

Question 2

The Big Data analysis technique that is used to extract patterns from large datasets is known as:
 a. Data discovery
 b. Data detection
 c. Data prospecting
 d. Data fusion
 e. Data mining

[Kdiggy]

Answer to Question 1

A

Answer to Question 2

e

[LaDunn]

Thank you

[Kdiggy]

No problemo