Intrinsic Motivation Is When

question 120

Multiple Choice

Intrinsic motivation is when

• A) you engage in an activity because you really like it, regardless of whether you get recognized or rewarded for it.
• B) you engage in an activity for the sake of the prize you could win.
• C) you engage in an activity for the sake of the reward.
• D) you engage in an activity because you have been forced into doing it.

---

Definitions:

Least-Cost Combination

The least-cost combination is an economic principle that refers to the mix of factors of production that minimizes costs for a given level of output.

Resources

Inputs used in the production of goods and services, such as labor, capital, land, and entrepreneurship.

Output

The total amount of goods or services produced by a company, industry, or economy over a specific period of time.

Least-Cost Combination

is an economic principle where firms aim to produce a given output at the minimum possible cost by choosing the optimal combination of inputs.