If the Price of a Candy Bar Is $1 and the Price

question 369

Multiple Choice

If the price of a candy bar is $1 and the price of a fast food meal is $5, then the

• A) relative price of a candy bar is 5 fast food meals per candy bar.
• B) money price of a candy bar is 1/5 of a fast food meal per candy bar.
• C) relative price of a fast food meal is 5 candy bars per fast food meal.
• D) money price of a fast food meal is 1/5 of a candy bar per fast food meal.

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Definitions:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Self-Awareness

Recognition of one's personal attributes, feelings, drives, and goals.

Norms

Socially accepted rules or standards that guide behavior in various situations.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when working in a group compared to when working alone.