Employees at Acme Express Are Dissatisfied with Working Conditions, Salary

question 88

Multiple Choice

Employees at Acme Express are dissatisfied with working conditions, salary, and the general attitude of management. Mahir, Sameh, and Tanya are good friends who work at Acme, yet each seems to be reacting differently to the problems at work.
-Sameh has composed a list of concerns along with her suggestions for improving conditions. Sameh is dealing with her dissatisfaction through ________________ .

• A) loyalty
• B) voice
• C) exit
• D) acceptance
• E) neglect

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Definitions:

Public Good

A good that is non-excludable and non-rivalrous, meaning its use by one person does not reduce its availability to others, and no one can be effectively excluded from using it.

Common Resource

A resource like air or water that provides users with tangible benefits but is difficult to exclude non-payers from using, often leading to overuse.

Property Rights

Legal rights and claims governing the use, transfer, and disposal of property, which can apply to both tangible and intangible assets.

Market Failure

A situation where the free market fails to allocate resources efficiently, leading to a net social welfare loss.