Which of the Following Results in a "Parallel" Shift Outward

question 455

Multiple Choice

Which of the following results in a "parallel" shift outward of your indifference curves between gasoline and movie rentals?

• A) any decrease in the prices of gasoline and movie rentals
• B) an equal percentage decrease in the prices of gasoline and movie rentals
• C) an increase in your income
• D) none of the above

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Definitions:

Socialization

The process by which individuals learn and adopt the norms, values, behavior, and social skills appropriate to their society.

Assimilation

The process by which individuals or groups adopt the culture, customs, and attitudes of another group, losing their original identity.

Residentially Mobile

Refers to individuals or populations that frequently relocate from one dwelling place or community to another.

Collectivistic

A social pattern that emphasizes interdependence and the priorities of the group over individual achievements.