Figure 21-14

question 488

Multiple Choice

Figure 21-14
-Refer to Figure 21-14. Which of the graphs illustrates indifference curves for which the marginal rate of substitution varies?

• A)graph a
• B)graph b
• C)graph c
• D)All of the above are correct.

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Definitions:

Goals

Objectives or outcomes that an individual or organization is trying to achieve.

Situationism

The belief, held by some psychologists, that behavior is primarily determined by the immediate situation and that personality traits are not very important.

Personality Traits

Enduring characteristics or qualities that define an individual's patterns of thought, emotion, and behavior.

Influence Behavior

The ability to affect the actions, decisions, or thinking of others through persuasion, example, or force of presence.