What Kind of a Manager Is Don Likely to Be

question 120

Multiple Choice

What kind of a manager is Don likely to be?

• A)First-line manager.
• B)Low-level middle manager.
• C)Department head.
• D)CEO of a major corporation.

---

Definitions:

Normal Good

A type of good for which demand increases as the income of the consumer increases, reflecting a direct relationship between income and demand.

Inferior Good

A type of good whose demand decreases as the consumer's income increases, opposite to normal goods.

Complementary Good

A product or service that enhances the use or value of another product or service when used together.

Substitute

A good whose demand increases when the price of another good increases. For example, two brands of cola soft drinks are substitutes.