Price Elasticities of Supply Are Always

question 194

Multiple Choice

Price elasticities of supply are always:

• A) the same as price elasticities of demand.
• B) negative numbers.
• C) positive numbers.
• D) greater than one.
• E) increased when a tax is imposed.

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Definitions:

Hygiene Factors

Elements related to the work environment, such as company policies, supervision, salary, and working conditions, that can lead to job dissatisfaction if they are inadequate, but not necessarily to job satisfaction if they are adequate.

Job Satisfaction

The level of contentment employees feel toward their jobs, influenced by factors like the nature of the work, the working environment, and compensation.

Satisfier Factor

Elements of a job that increase employees' satisfaction and motivation, according to Herzberg's two-factor theory of motivation.

Job Content

Describes the specific duties, responsibilities, and tasks that constitute a particular job or role within an organization.