During this discussion, one manager feels this has become an ethical issue. In order to choose an applicant, the person should be selected by respect for impartial standards of fairness and equity. This means of deciding an ethical dilemma is known as the approach.

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right