What Happens When You Click the Demote Button in the Outline

question 21

Multiple Choice

What happens when you click the Demote button in the Outline Tools group?

• A) The text is designated as Body Text level.
• B) The text is indented and formatted with the heading style appropriate for the level.
• C) The text is preceded by a plus symbol.
• D) The text is moved to a higher level.

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Definitions:

Bundles

Combinations of goods and services offered together as a single package, often at a discounted price.

Weak Axiom

A principle in consumer theory that if a consumer prefers bundle A over bundle B when both are affordable, they will not choose B over A when income or prices change, holding everything else constant.

Strong Axiom

Often refers to the strong axiom of revealed preference in economics, a principle used to infer a consumer's complete preference ordering over goods.

Revealed Preference

A theory suggesting that the preferences of consumers can be understood from their purchasing habits and choices.