Which of the Following Does Not Feature in the Job

question 3

Multiple Choice

Which of the following does not feature in the Job Characteristics Model?

• A) Skill variety
• B) Task identity
• C) Creativity
• D) Autonomy

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Definitions:

Monopolist

A single seller in a market, who has significant control over the price and supply of a specific good or service.

Marginal Cost

The increase in total cost resulting from producing one additional unit of a good or service.

Price Discriminate

A pricing strategy where a seller charges different prices for the same product or service to different customers, based not on costs, but on willingness to pay.

Economic Profit

The separation between overall turnover and cumulative costs, incorporating both direct and indirect expenditures.