Consider an Indifference Curve Drawn for Movies and Pizzas

question 6

Multiple Choice

Consider an indifference curve drawn for movies and pizzas.Which of the following statements about this indifference curve is false?

• A)As an individual consumes more pizzas, the amount of movies the consumer is willing to give up for an additional pizza increases.
• B)If the individual consumes more pizzas, the amount of movies consumed must fall if the consumer is to stay on the same indifference curve.
• C)The indifference curve will be convex to the origin, that is, bowed in toward the origin.
• D)If the consumer purchases more of movies and pizzas, total utility will increase, but the consumer will be on a new indifference curve that is farther from the origin than the original indifference curve.

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Definitions:

Organisational Subcultures

Groups within an organization that maintain unique value systems and practices relative to the overarching organizational culture.

Diversity

The inclusion of individuals from various backgrounds, including race, gender, age, ethnicity, religion, and sexual orientation, within a group or organization.

Managing Diversity

Building an inclusive work environment that allows everyone to reach their full potential.

Organisational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.