Use the Following to Answer Questions

question 31

Multiple Choice

Use the following to answer questions :
Figure: Cold Drinks Sold and Temperature
-(Figure: Cold Drinks Sold and Temperature) Look at the figure Cold Drinks Sold and Temperature. If we move from point B to point C in the figure, the outside temperature has ______ degrees and the number of cold drinks sold has ______.

• A)decreased by 30; decreased by 30
• B)increased by 20; increased by 20
• C)increased by 30; increased by 30
• D)increased by 40; increased by 40

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Definitions:

Social Value

The importance or worth that a product, service, or action has to society, including both economic and non-economic factors.

External Benefit

A positive spillover effect of a transaction or activity that benefits a third party not directly involved in the transaction.

Output

The amount of goods or services produced by a firm, industry, or economy.

Substitutes For Leadership

Factors in the work setting that direct work efforts without the involvement of a leader.