An Increase in the Price of a Good Causes

question 114

Multiple Choice

An increase in the price of a good causes

• A) a change in the slope of the budget line.
• B) an increase in the consumption of that good.
• C) a rightward shift of the demand curve for that good.
• D) a parallel rightward shift of the budget line.

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Definitions:

Employee Assistance Program (EAP)

A work-based intervention program designed to assist employees in resolving personal problems that may be adversely affecting their job performance, health, and well-being.

Personal Problems

Issues and challenges of a private nature that an individual experiences in their personal life.

Work Performance

The efficiency and effectiveness with which an employee accomplishes their job responsibilities and tasks.

Outsourcing

Engaging external resources to perform tasks, services, or roles traditionally handled by internal staff.