Ethanol and Sugar Are Both Made from Sugar Cane, and Ethanol

question 40

Multiple Choice

Ethanol and sugar are both made from sugar cane, and ethanol can be used as a fuel substitute for oil. Increasing oil prices cause the demand for ethanol to increase. This will cause the ______ sugar to ______ and its price to ______.

• A) demand for; decrease; decrease
• B) supply of; increase; increase
• C) supply of; decrease; increase
• D) demand for; increase; increase

Distinguish between intrinsic and extrinsic rewards and their impact on motivation.

Understand the concept of learned helplessness and its effects on employee motivation and behavior.

Comprehend the importance of expectancy, instrumentality, and valence in Vroom's expectancy-valence theory.

Acknowledge the significance of flexible work arrangements and their impact on employee motivation.

---

Definitions:

Labor Costs

The total sum of all financial compensations and benefits given to employees in exchange for their work, including wages, salaries, and additional perks.

Substitute Resources

Substitute Resources are alternative inputs that can be used in place of another in the production process, often due to cost advantages or availability.

Labor Union

An organization representing workers' interests, focusing on negotiating wages, work hours, benefits, and working conditions.

Product Labor

The human effort involved in the manufacturing or production process of goods.