Match the Items Below with Their Descriptions

question 16

Multiple Choice

Match the items below with their descriptions:
-a leader's actions

• A)concept used to describe the strength of one's values
• B)superordinate quality of a person
• C)most influential guidelines for ethics at work comes from Rotary International
• D)values mentioned most often in the American workplace
• E)set the standard for people's behavior toward one another and for performance on the job

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Definitions:

Marginal Utility

The supplementary enjoyment or advantage gained by consuming one more unit of a good or service.

Consumer Surplus

The differentiation between the total investment consumers are willing and able to make in a product or service and the investment they end up making.

Marginal Utility

The supplementary joy or advantage an individual experiences when acquiring an extra unit of a good or service.

Total Utility

The total satisfaction or benefit that a consumer derives from consuming a certain quantity of a good or service.