Question

question 28 (0.5 points)
when the percentage change in demand for labor is less than the percentage change in wages, demand is elastic.
true
false
question 29 (0.5 points)
one method of standardizing care to the best - known current method is called evidence - based medicine.
true
false

Explanation:

Question 28

The elasticity of demand for labor is determined by the ratio of the percentage change in labor demand to the percentage change in wages. If the percentage change in labor demand is less than the percentage change in wages, the absolute value of the elasticity is less than 1, meaning demand is inelastic (not elastic). So the statement is false.

Evidence - based medicine involves using the best available evidence from research and clinical experience to standardize patient care to the most effective current methods. So the statement is true.

Answer:

False

Question 29