Suppose the Point (Q = 2,000,P = $60)is the Midpoint

question 474

Multiple Choice

Suppose the point (Q = 2,000,P = $60) is the midpoint on a certain downward-sloping,linear demand curve.Then

• A) an increase in price from $40 to $42 will increase total revenue.
• B) a decrease in price from $61 to $59 will leave total revenue unchanged.
• C) the maximum value of total revenue is $120,000.
• D) All of the above are correct.

Understand the significance of family-friendly policies in managing role conflict and achieving job satisfaction.

Recognize the legal requirements and principles of justice related to layoffs, discipline, and employee rights.

Differentiate between outcome fairness, procedural justice, and interactional justice in the context of employee discipline and satisfaction.

Identify the impacts of job satisfaction, role conflict, and job withdrawal on employee behavior and organizational outcomes.

---

Definitions:

Illegal Actions

Actions that are in violation of the law, deemed criminal, and subject to legal penalties.

New Technologies

Recently developed or adopted technologies that significantly alter the business or social landscape.

Employment At Will

A contractual relationship where an employee can be dismissed by an employer for any reason that is not illegal and without having to establish "just cause" for termination.

Express Contract

A legally binding agreement where the terms are stated clearly by the parties involved, either orally or in writing.