Most Missed today on Midterm Review Quizziz

Asking yourself how other people will react to your decisions is part of which step of the ethical dilemma response process

• Make and implement your decision

• Figure out who's affected

• Get the facts

• Identify the dilemma

Deciding who should take action is part of which step of the ethical dilemma response process?

• Identify the dilemma

• Make and implement your decision

• Figure out who's affected

• Reflect on the outcome

Which of the following is a question you should ask yourself to determine whether you're facing a problem or a true ethical dilemma

• Could someone be unhappy?

• Could someone be hurt?

• Is there an easy or hard choice?

• Is money at stake?

When Tori considers taking something that doesn't belong to her, which ethical principle could help her recognize that she's facing an ethical dilemma?

• Respect

• Transparency

• Accountability

• Trust

Which of the following is a factor affecting a product's utility to the individual customer:

• number of producers

• number of consumers

• price of other goods

• consumer's age

A team of employees is responsible for researching potential demand for a business's brand-new product. The factor that is most likely to affect demand for this product is the

• discretary

• elastic

• inelastic

• complementary

Even though gasoline prices increased 15 cents per gallon as the result of the new gas tax, Alice continued to buy gas so that she could make her 20 mile drive to work. This is an example of what type of demand?

• discertionary

• elastic

• inelastic

• complementary

Which of the following describes inelastic demand

• Limited to luxury goods

• Not affected by price change

• Fluctuating

• Variable

When less expensive substitutes for a product are readily available, then demand for that product is likely to be more.

• elastic

• complementary

• urgent

• inelastic

Demand for a good is more likely to be elastic when the good is

• imported

• a luxury

• a necessity

• inexpensive