A Rightward Shift of the Entire Demand Curve

question 178

Multiple Choice

A rightward shift of the entire demand curve

• A)is an decrease in demand.
• B)might be due to an increase in the income of consumers who buy the product.
• C)might be due to a tax reduction on the product.
• D)All of these choices are true.

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Definitions:

Worker Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work.

Time Study

A work measurement technique for recording the times of performing a certain specific job or its elements carried out under specified conditions.

Scientific Management

An early 20th-century management theory proposing the optimization of labor productivity through scientific studies of work methods and processes.

Frederick Taylor

An American mechanical engineer who sought to improve industrial efficiency and is considered the father of scientific management.