Suppose You Have an Hour Before Your Next Class Starts

question 106

Multiple Choice

Suppose you have an hour before your next class starts.From your most preferred alternative to the least, you can either read a book, get something to eat, or take a nap.The opportunity cost of getting something to eat is

• A)the cost of what you eat
• B)the value of an hour's worth of reading your book
• C)the loss of value from not reading or sleeping
• D)the net benefit of sleeping for another hour
• E)impossible to determine because the most preferred alternative is not known

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Definitions:

Referent Power

A form of influence based on the leader's personal traits, where followers are drawn by admiration, respect, or identification with the leader.

Informational Power

A form of influence based on controlling access to, or possession of, valuable knowledge or information.

Coercive Power

A form of influence where a person or group uses threats of punishment or actual punishment to induce behavior change in others.

Bases Of Power

Conceptual framework identifying different sources of power within organizational and interpersonal dynamics, such as coercive, reward, legitimate, expert, and referent power.