When Giving a Reason for Missing a Meeting, a Staff

question 53

Multiple Choice

When giving a reason for missing a meeting, a staff member lets her boss know that she is unavailable because her grandmother is in the hospital. The boss accepts this as an excusable absence because

• A) family commitments are privileged.
• B) the staff member shows she cares about her grandmother.
• C) the boss also has a grandmother.
• D) the staff member is a single mother.

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Definitions:

Gasoline

A volatile, flammable liquid derived from petroleum, primarily used as fuel in internal combustion engines.

Marginal Utility

The additional satisfaction or benefit (utility) that a person receives from consuming one more unit of a good or service.

Utils

A hypothetical unit of measurement used in economics to quantify utility or the satisfaction gained from consuming goods and services.

Indifference Curve

A contour line showing all consumption bundles that yield the same amount of total utility for an individual.