Which of the Following Suggests That Private Markets Can Be

question 448

Multiple Choice

Which of the following suggests that private markets can be effective in dealing with externalities?

• A)the "invisible hand"
• B)the law of diminishing social returns
• C)the Coase theorem
• D)technology policy

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Definitions:

Job Rotation

Systematically moving employees from one job to another.

Job Enrichment

A method of motivating employees by adding more meaningful and challenging tasks to their job, often increasing their sense of responsibility and engagement.

Job Management

The process of overseeing and organizing work tasks, responsibilities, and resources to achieve specific job outcomes efficiently and effectively.

Motivation Process

The psychological factors and processes that provoke and drive an individual's behavior towards achieving specific goals.