Examlex
Goal setting theory claims that which of the following factors are necessary for improvement in job performance?
Social Optimum
The most efficient allocation of resources, resulting in the maximization of social welfare and benefiting all members of a society.
Corrective Tax
Levies imposed to address and ameliorate the negative externalities generated by certain economic activities, thereby realigning social and private costs.
Subsidy
A financial contribution granted by the government or a public body to support businesses, reduce the price of commodities, or encourage activities beneficial to the public interest.
Equilibrium Number
When market demand equals supply, leading to stability in prices.
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