"I Recognize That the Market Is Effective at Getting Resources

question 74

Multiple Choice

"I recognize that the market is effective at getting resources to their most valued uses, but I also recognize that the market can produce results that are grossly unfair." This speaker is implying:

• A) both market failure and failure of market outcome.
• B) market failure but not failure of market outcome.
• C) failure of market outcome but not market failure.
• D) neither market failure nor failure of market outcome.

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Definitions:

Stress

A psychological and physical response to demands that exceed an individual’s perceived ability to cope, leading to tension and strain.

Harassment

Unwanted conduct affecting the dignity of individuals, often creating an intimidating, hostile, or offensive environment.

Bullying

Repeated and unwanted aggressive behavior by an individual or group that involves a real or perceived power imbalance.

Job Redesign

The process of restructuring a job by altering its tasks and work environment to improve satisfaction and performance.