Refer to the Graphs Shown, Which Show Indifference Curve Analysis

question 147

Multiple Choice

Refer to the graphs shown, which show indifference curve analysis with the associated demand curves. The best explanation for a movement from point D to point F is:

• A)an outward rotation of the budget constraint along the x-axis, allowing the consumer to move from point A to point B.
• B)a parallel shift of the budget constraint, allowing the consumer to move from point A to point C.
• C)an inward rotation of the budget constraint along the x-axis, forcing the consumer to move from point B to point A.
• D)an outward rotation of the budget constraint along the y-axis, allowing the consumer to move from point B to point C.

---

Definitions:

Behaviorally Anchored Rating Scale (BARS)

Method of performance measurement that rates behavior in terms of a scale showing specific statements of behavior that describe different levels of performance.

Feedback

Information employers give employees about their skills and knowledge and where these assets fit into the organization's plans.

Behaviorally Anchored Rating Scales (BARS)

An appraisal system that evaluates employees' performance based on specific behavioral examples related to job performance.

Bias

A tendency, inclination, or prejudice towards or against something or someone, often in a way considered to be unfair.