Consider a Graph with Hamburger on the X-Axis and Cheese

question 25

Multiple Choice

Consider a graph with hamburger on the X-axis and cheese crackers on the Y-axis.The outbreak of mad cow disease,which will change the price of hamburgers,will:

• A)not change the slope of the budget line.
• B)lead to a parallel shift of the budget line depending on the change in price.
• C)change the y-intercept of the budget line.
• D)change the x-intercept of the budget line.

---

Definitions:

Operations Manager

A role responsible for overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods and services.

OM Function

Operations management function, which involves the responsibility for planning, organizing, and supervising the processes that produce a company's goods or services.

Money Transfers

The process of moving funds from one account or individual to another, through various methods such as electronic transfers, wire transfers, or checks.

Multifactor Productivity

Indicates the ratio of the goods and services produced (outputs) to many or all resources (inputs).