The Chunnel Auto Tunnel Allows Motorists to Travel Between England

question 223

Multiple Choice

The Chunnel auto tunnel allows motorists to travel between England and France. As an alternative, there is ferry service across the English Channel. What would happen in the market for ferry service if fees for using the Chunnel were increased?

• A) The demand for ferry service would increase.
• B) The demand for ferry service would decrease.
• C) There would be an upward movement along the demand curve for transits through the Chunnel.
• D) There would be a downward movement along the demand curve for transits through the Chunnel.

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Definitions:

Ethical Culture

A workplace environment shaped by shared ethical beliefs and practices that promote ethical conduct among employees.

Employee Commitment

The psychological attachment and loyalty an employee has towards their organization, often resulting in higher levels of effort and performance.

Pacesetting Leader

A leadership style where the leader sets high performance standards and exemplifies them, expecting others to follow.

Negative Climate

An environment or workplace atmosphere that discourages ethical behavior and decision-making, often through a lack of support or positive reinforcement.