PlayStations and PlayStation Games Are Complementary Goods

question 55

Multiple Choice

PlayStations and PlayStation games are complementary goods.A technological advance in the production of PlayStations will

• A)increase consumer surplus in the market for PlayStations and decrease producer surplus in the market for PlayStation games.
• B)increase consumer surplus in the market for PlayStations and increase producer surplus in the market for PlayStation games.
• C)decrease consumer surplus in the market for PlayStations and increase producer surplus in the market for PlayStation games.
• D)decrease consumer surplus in the market for PlayStations and decrease producer surplus in the market for PlayStation games.

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Definitions:

Ethical Leadership

Leadership that is directed by respect for ethical beliefs and values, and for the dignity and rights of others.

Ethical Followership

Involves supporting leaders in making ethical decisions and acting with integrity while challenging unethical behavior.

Moral Development

The growth in an individual's understanding, reasoning, and application of ethics over time.

Obedience

The act of following commands or instructions from authority, often studied in psychology.