Indifference Curves Shift or Rotate

question 254

Multiple Choice

Indifference curves shift or rotate

• A) only when income changes.
• B) only when prices change.
• C) when either income or prices change.
• D) with none of the above because changes in income and prices do not shift indifference curves.

---

Definitions:

Charismatic Leaders

Leaders who inspire and motivate others through their personal charm, persuasiveness, and compelling vision.

Technical Knowledge

Expertise or proficiency in specific fields or disciplines, particularly those involving methods, processes, systems, or machinery.

Need For Control

The desire or requirement to influence or dictate the behavior of others or the outcome of events.

Contingency Theory

A leadership theory that suggests the effectiveness of a leader is contingent upon how their leadership style matches the situation.