Suppose That the Quantity of Pizzas Consumed Per Month Is

question 69

Multiple Choice

Suppose that the quantity of pizzas consumed per month is on the x-axis and the quantity of tacos consumed per month is on the y-axis, an increase in the price of pizza holding the price of tacos constant will:

• A)cause the budget line to shift inward toward the origin in a parallel fashion.
• B)cause the y-intercept to remain the same, but the x-intercept will move closer to the origin.
• C)cause the budget line to shift outward from the origin in a parallel fashion.
• D)cause the x-intercept to shift away from the origin.

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Definitions:

Compliance Management

The process of ensuring that a company or organization follows all regulatory and legal requirements.

Ethics Program

A set of procedures, policies, and measures designed by an organization to guide employees' and stakeholders' behaviors in alignment with the organization's ethical standards.

Ethical Decisions

Choices made based on moral principles and values aimed at doing what is right and fair.

Ethical, Legal, Social Responsibility

The obligation of individuals and organizations to act in a manner that is morally correct, abides by the law, and benefits society.