(Figure: Tattoos and Football Tickets I) When the Price of Football

question 95

Multiple Choice

(Figure: Tattoos and Football Tickets I) When the price of football tickets increases, the substitution effect decreases the number of tickets bought from:

• A) 4 to 3.
• B) 6 to 3.
• C) 6 to 4.
• D) 20 to 8.

---

Definitions:

Behavior Boundaries

Guidelines, limits, or rules that an individual establishes to identify reasonable, safe, and permissible ways for other people to behave towards them and how they will respond when those limits are crossed.

Personal Philosophy

An individual's set of beliefs, values, and principles that guide their understanding of the world and decision-making process.

Moral Dilemma

A situation in which a person must choose between two or more actions, each of which will lead to a morally significant outcome.

Consumers' Bill Of Rights

A standard that protects buyers of goods and services, ensuring they are informed, safe, and have the right to voice complaints and obtain redress.