Because of the High Cost of Fuel,railroads Such as Union

question 102

Multiple Choice

Because of the high cost of fuel,railroads such as Union Pacific Corp and CSX Corp have increased the price they charge to haul freight.This change means that

• A) the demand curve for hauling freight has shifted leftward.
• B) the supply curve for hauling freight has shifted leftward.
• C) the demand curve for hauling freight has shifted rightward.
• D) the supply curve for hauling freight has shifted rightward.
• E) neither the supply curve nor the demand curve for hauling freight has shifted; the only change is that the price is higher.

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Definitions:

Countercultures

Social groups whose values, norms, and practices deviate from or oppose those of the mainstream culture.

Organizational Culture

The shared values, beliefs, and norms that shape the social and psychological environment of a business or organization.

Corporate Cult

A set of shared beliefs, values, and practices that characterizes an organization and its members.

Cultural Values

The core principles and standards that guide behavior and decision-making within a specific cultural group or society.