_____ Indicates the Right of an Employer or an Employee

question 28

Multiple Choice

_____ indicates the right of an employer or an employee to terminate employment at any time with or without notice or cause (where applicable by state law) .

• A) At-will employment
• B) Summary dismissal
• C) Due diligence
• D) Contingency employment

---

Definitions:

Marginal Utility

The increased happiness or usefulness gained by consuming an additional unit of a good or service.

Total Utility

The total satisfaction received from consuming a particular quantity of a good or service.

Utility Schedule

A table showing different quantities of a good and the utility or satisfaction derived from each quantity, used to analyze consumer preferences.

Marginal Utility

Additional enjoyment or value experienced from consuming an extra unit of a good or service.