Yang Just Got a Big Promotion at Work, Which Includes

question 141

Multiple Choice

Yang just got a big promotion at work, which includes a sizable pay increase. Yang's demand for ramen noodles, an inferior good, will likely _____ and his demand curve will _____.

• A) decrease; shift to the right
• B) decrease; shift to the left
• C) increase; shift to the right
• D) decrease; not move, although there will be movement along the curve

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Definitions:

Performance Feedback

Information given to individuals or teams about their work performance, aiming to reinforce strengths and address weaknesses.

Progress Reports

Documents or updates that communicate the development, advancement, or status of a project or task over a certain period.

Assignment Of Tasks

The distribution of specific duties or jobs to individuals or teams within an organization or project.

Downward Communication

The flow of information from higher levels of an organizational hierarchy to lower levels.