If a Decrease in the Price of Gasoline Increases the Demand

question 349

Multiple Choice

If a decrease in the price of gasoline increases the demand for large cars, then

• A) gasoline and large cars are substitutes in consumption.
• B) gasoline and large cars are complements in consumption.
• C) gasoline is an inferior good.
• D) large cars are an inferior good.

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Definitions:

Duty To Accommodate

Requirement that an employer must accommodate the employee to the point of “undue hardship.”

Undue Hardship

A principle in anti-discrimination law that refers to significant difficulty or expense incurred by an employer in making accommodations for people with disabilities.

Modification Costs

Expenses incurred to alter or upgrade a product, process, or system within an organization.

Diversity Management

Strategies and practices aimed at creating a positive work environment where the differences of all employees are recognized and valued.