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Exam Code: 1z0-1105-23 (Updated 60 Q&As)
Exam Name: Oracle Cloud Data Management 2023 Foundations Associate
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NEW QUESTION: 1
A business is selling a good with a price inelastic demand. If it decreases the supply of the good the result will be:
A. the market price will rise, demand will contract and total revenue will fall
B. the market price will fall, demand will increase and total revenue will rise
C. the market price will rise, demand will decrease and total revenue will fall
D. the market price will rise, demand will contract and total revenue will rise
Answer: D

NEW QUESTION: 2
The following figure shows Bobby's indifference map for soda and juice. B1 indicates his original budget line. B2 indicates his budget line resulting from an increase in the price of soda. From the graph, one can conclude that

A. the income elasticity of demand for soda is 1.
B. Bobby views soda as a normal good.
C. Bobby views soda as an inferior good.
Answer: B
Explanation:
Bobby will consume more soda if his income increases.

NEW QUESTION: 3
An administrator is deploying a pool of virtual desktops and receives the following message when testing a desktop connection from a View Client machine:
The Desktop Currently Has No Desktop Sources Available.
The administrator has confirmed that:
After logging in to the vCenter Server, what should the administrator ensure to troubleshoot the issue?
A. The View Composer service is running.
B. There are no Memory reservations.
C. The virtual desktopsare powered on.
D. There are no CPU reservations.
Answer: C


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