Suppose There Are Two Goods (X and Y)

question 24

Multiple Choice

Suppose there are two goods (X and Y) .On a traditional graph of a budget line a tripling of all prices and incomes will

• A)alter the slope of the budget line only.
• B)alter the slope of the budget line as well as the Y-intercept.
• C)alter the slope of the budget line as well as the X-intercept.
• D)leave the budget line unaltered.

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Definitions:

Rituals

Predefined sequences of activities characterized by symbolic meaning or significance, often performed in professional, religious, or social contexts.

Diversity Hindrances

Obstacles that limit the range of employees in organizations.

Employee Demographics

The statistical characteristics of an organization's workforce, such as age, gender, race, and education level, which can influence policies and practices.

Change Hindrances

Barriers or obstacles that prevent or impede the process of change within an organization or individual.