Alice Says That She Likes Banana Splits, but If the Price

question 1

Multiple Choice

Alice says that she likes banana splits, but if the price changed, she would not buy them anymore. If this is the case:

• A) Alice's demand for banana splits is perfectly inelastic
• B) Alice's price elasticity of demand for banana splits is one
• C) Alice's income elasticity of demand for banana splits is negative
• D) Alice's demand for banana splits is perfectly elastic

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Definitions:

Political Skill

A combination of social astuteness with the capacity to adjust and adapt behavior to the demands of different situations.

Ingratiating

An attempt to increase one’s attractiveness to others to influence their behavior

Self-promotion

The act of advocating for oneself to advance personal goals, often involving highlighting one's achievements and capabilities to others.

Organizational Citizen

An employee who goes beyond the required duties of their position to contribute positively to the organization's culture and functioning.