Substitutes Are Pairs of Products with

question 133

Multiple Choice

Substitutes are pairs of products with

• A)positive cross-price elasticity of demand
• B)negative cross-price elasticity of demand
• C)positive income elasticity of demand
• D)negative income elasticity of demand
• E)positive price elasticity of demand

---

Definitions:

Transformational Leadership Model

A leadership approach that causes change in individuals and social systems, enhancing the motivation, morale, and performance of followers.

Intellectual Stimulation

The process of encouraging creativity, innovation, and critical thinking by challenging existing assumptions and encouraging exploration of new ideas.

Innovative and Creative

The ability to come up with new ideas, approaches, or solutions that are novel and effective.

Ethics Competency

The ability to understand, evaluate, and apply ethical standards and practices in decision-making processes.