Which of the Following Should Not Be Included in the Written

question 615

Multiple Choice

Which of the following should not be included in the written investigative report of an applicant?

• A) Derogatory information
• B) Confidential sources of information
• C) Results of a lie detector examination
• D) Arrest records
• E) None of the above

Explain the law of supply and the law of demand.

Understand the relationships between prices and quantity demanded or supplied.

Recognize the effects of shifts in supply and demand curves on market outcomes.

Define demand and understand the factors that affect it.

---

Definitions:

Products J and K

Imaginary or hypothetical products, potentially used in theoretical examples or economic models.

Consumer Equilibrium

A state in which a consumer has allocated their income in a way that maximizes their utility, given their budget constraint.

MU/P Ratio

The Marginal Utility to Price ratio, used in economic analysis to evaluate the satisfaction received from consuming an additional unit of a good relative to its cost.