Dominic Lists His Camera for Sale on an Online Auction

question 40

Multiple Choice

Dominic lists his camera for sale on an online auction site.Chloe is the highest bidder and purchases the camera.How does the auction site earn its revenue through the transaction?

• A) Dominic pays the difference between the highest and lowest bids to the auction site.
• B) Chloe pays the difference between the highest and lowest bids to the auction site.
• C) Chloe pays a commission to the auction site.
• D) Dominic pays a small fee to the auction site.

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Definitions:

Restoring Equity

The process of ensuring fairness and balance in the distribution of resources and opportunities.

Adams's Theory

Relates to the equity theory of motivation, suggesting that employees are motivated to maintain equity between inputs and outcomes in their job and workplace.

Expectancy Theory

A theory of motivation suggesting that individuals are motivated to act based on the expected outcome of their actions and the value they place on those outcomes.

Motivational Problems

Issues or barriers that negatively affect an individual's enthusiasm, energy, or willingness to continue with a task.