Pizza and Tacos Are Substitutes,and the Price of a Pizza

question 154

Multiple Choice

Pizza and tacos are substitutes,and the price of a pizza increases.Which of the following correctly indicates what happens?

• A) The demand for pizzas decreases and the demand for tacos increases.
• B) The demand for both goods decreases.
• C) The quantity of tacos demanded increases and the quantity of pizza demanded decreases.
• D) The quantity of pizza demanded decreases and the demand for tacos increases.
• E) The demand for each decreases because both are normal goods.

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Definitions:

Self-Appraisals

The process where employees evaluate their own performance, strengths, and areas for improvement, usually as part of a performance review cycle.

Culturally Diverse

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The systematic process by which an organization involves its employees in improving organizational effectiveness by focusing on objective setting, performance reviews, and the development of skills.

Focal-Point Review System

A performance evaluation method concentrating on critical job elements or specific objectives that are pivotal to an individual’s role within an organization.