The Slope of an Indifference Curve

question 228

Multiple Choice

The slope of an indifference curve

• A)is calculated by dividing the price of good on the vertical axis by price of the good on the horizontal axis.
• B)measures total utility.
• C)measures the marginal rate of substitution between the two goods in question.
• D)is calculated by dividing the quantity of the good on the vertical axis by the quantity of the good on the horizontal axis.

---

Definitions:

Organizational Culture

The shared values, beliefs, and practices that influence the behavior of individuals within an organization.

Cultural Training

The process of educating individuals about the cultural norms, values, and practices of a different society to enhance their interaction and communication within that context.

Ideological Control

The corporate development of a system of values, beliefs, and meanings with which employees are expected to identify strongly.

Organizing

The act of arranging or structuring elements in a systematic way to achieve a specific goal or manage activities.