Author Question: If a good is inferior and its price decreases, a. the income effect will be positive and the ... (Read 102 times)

luvbio · **on:** Jul 1, 2018

If a good is inferior and its price decreases,
a. the income effect will be positive and the substitution effect will be positive.
b. the income effect will be negative and the substitution effect will be negative.
c. the income effect will be positive and the substitution effect will be negative.
d. the income effect will be negative and the substitution effect will be positive.

Question 2

The M-Form of corporate organization
a. organizes employees along the functions or tasks that they perform
b. organizes employees along the customer types that they serve
c. organizes employees along individual projects that arise
d. organizes employees into softball teams