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:

Emotional Intelligence

The ability to do such things as understand one’s feelings, have empathy for others, and regulate one’s emotions to enhance one’s quality of life.

Overseas Assignments

Work tasks or projects assigned to employees that require them to relocate or travel to foreign countries.

Malaysian Manager

A manager based in Malaysia, potentially implying specific cultural, economic, or business practices unique to the Malaysian context.

Diplomatic Solution

A resolution to a conflict or dispute achieved through negotiation, dialogue, and compromise, often involving state or organizational representatives.