The Quantity of Good a Is Measured Along the Vertical

question 19

Multiple Choice

The quantity of good A is measured along the vertical axis, and the quantity of good B is measures along the horizontal axis. If the price of Good A falls

• A) the vertical intercept of the budget line moves along the vertical axis away from the origin.
• B) the vertical intercept of the budget line moves along the vertical axis toward the origin.
• C) the horizontal intercept (along Good B) of the budget line will increase.
• D) none of the above

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Definitions:

Rater Bias

An evaluator's subjective and unfounded distortion affecting performance appraisals or judgements about individuals.

Performance Appraisal

A systematic review and evaluation of an employee’s job performance and productivity, usually to determine promotions, bonuses, or training needs.

Legal Purpose

The intention behind a contract or agreement that must be lawful and not against public policy for the contract to be enforceable.

Employee Evaluation

A systematic process of assessing and reviewing an employee's performance and potential within an organization.