What Is the Meaning of Congruence

question 242

Multiple Choice

What is the meaning of congruence?

• A)Two or more persons have the same thoughts, feelings, and actions.
• B)A person's words, thoughts, feelings, and actions all contain the same message.
• C)Organization members' words, thoughts, feelings, and actions all contain the same message.
• D)Employees' and managers' words, thoughts, feelings, and actions all contain the same message.
• E)The message received by a receiver is the same as the message intended by the sender.

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Definitions:

Consumer Surplus

The distinction between what consumers are inclined and financially able to pay for a service or good and the actual payment made.

Welfare Loss

The decrease in social welfare, usually measured as lost economic efficiency, due to factors like taxes, subsidies, or market distortions.

Welfare Loss

The decrease in social welfare, usually measured as the loss of consumer and producer surplus, resulting from inefficient market conditions or government policies.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they do pay.