Refer to the Following Graph

question 68

Multiple Choice

Refer to the following graph. If the price of bagels falls, the budget constraint in the graph will rotate:

• A) out and become flatter.
• B) out and have the same slope.
• C) in and become flatter.
• D) in and become steeper.

Recognize the concept of social facilitation.

Analyze how social loafing occurs and its effects on group performance.

Identify the influences of group behaviors on self-perception and self-evaluation.

Understand the processes and effects of attributions and person perception.

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Definitions:

Public Company Accounting Oversight Board

A nonprofit corporation established by Congress to oversee the audits of public companies in order to protect the interests of investors.

Enron

A former American energy company that went bankrupt in 2001 due to one of the largest accounting frauds in history.

WorldCom

Once a major telecommunications company that became infamous for its involvement in one of the largest accounting fraud scandals in history.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.