Which of the Following Would Most Likely Cause Both a Decrease

question 291

Multiple Choice

Which of the following would most likely cause both a decrease in the price of plasma screen TVs and a decrease in the number sold?

• A) an increase in the supply of plasma screen TVs
• B) an increase in the demand for plasma screen TVs
• C) a decrease in the supply of plasma screen TVs
• D) a decrease in the demand for plasma screen TVs

Understand the relationship between strategic human resource management practices and organizational performance.

Appreciate the role of environmental factors, both internal and external, in shaping training and development initiatives.

Understand the significance of aligning training and development programs with organizational strategy to enhance work engagement and performance.

Recognize the impact of technology developments on training needs within organizations.

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Definitions:

Sports Fans

Individuals who exhibit enthusiasm and support for sports teams or athletes.

College Students

Individuals enrolled in institutions of higher education to pursue degree programs.

Poisson Probabilities

Probabilities that describe the likelihood of a given number of events happening in a fixed interval of time or space, assuming the events occur with a known constant rate and independently of the time since the last event.

Poisson Formula

A mathematical formula used to calculate the probability of a given number of events happening in a fixed interval of time or space, assuming events occur with a known constant mean rate and independently of the time since the last event.