Jerry Was Using __________ When He Asked His Workers to Reorganize

question 50

Multiple Choice

Jerry was using __________ when he asked his workers to reorganize the department.They did not yet know why they were doing this,but knew that Jerry had a good reason that he had not yet shared.

• A) Referent power
• B) Punitive power
• C) Information power
• D) Peer influence

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Definitions:

Short Run

A period in economics where at least one factor of production is fixed, limiting the adjustments a firm or industry can make.

Inputs

Resources such as labor, materials, and capital that are used in the production process to create goods and services.

Output

The total amount of goods or services produced by an individual, firm, or country over a specific period.

Marginal Product

The additional output that is produced by using one more unit of a particular input, while keeping other inputs constant.