A Change in Demand for a Resource Can Be Caused

question 16

Multiple Choice

A change in demand for a resource can be caused by

• A)proportion of economic rent in the total earnings of the resource
• B)opportunity cost of the resource
• C)price of the resource
• D)a change in the number of firms producing the final product
• E)ease with which resources can be put to alternative uses

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Definitions:

Organizational Citizenship Behaviours

Activities performed by employees that are not part of their formal job requirements but contribute to the wellbeing and efficiency of the organization.

Emotional Stability

A personality trait reflecting the extent to which an individual is calm, secure, and steady.

Conscientiousness

A personality trait characterized by diligence, meticulousness, and a strong sense of duty.

Extraverts

Individuals characterized by their outgoing, sociable, and energetic behavior, often drawing energy from interacting with others.