Alter App Corp

question 80

Multiple Choice

Alter App Corp. is a firm that develops software applications for other companies. After the company moves into a new office space, most of the employees complain about the lack of comfortable seating arrangements. Following up on the complaint, the HR department advises management to invest in studying the ergonomics of the new office space. What would serve as an incentive for the company to invest in the study of ergonomics?

• A) Ergonomics empowers employees by giving them decision-making authority.
• B) Ergonomics reduces the physical strain on employees performing a job.
• C) Ergonomics reduces the number of reporting relationships in a job.
• D) Ergonomics enlarges jobs by moving employees among different jobs.
• E) Ergonomics increases a job's mental demands.

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Definitions:

Price Discrimination

Charging different prices to different buyers for identical products.

Perfectly Price Discriminate

A situation where a seller charges each buyer their maximum willingness to pay, capturing all consumer surplus as profit.

Surplus

A condition where the supply of a product or service surpasses its demand at the existing price.

Monopolist

A Monopolist is a market participant who has exclusive control over the market for a particular good or service, facing no competition.