The Prediction That Workers Get Additional Training Only When the Rewards

question 83

Multiple Choice

The prediction that workers get additional training only when the rewards from the training are expected to exceed the costs of the training (including the opportunity costs) is based on the:

• A)principle of comparative advantage.
• B)principle of diminishing returns to capital.
• C)scarcity principle.
• D)cost-benefit principle.

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Definitions:

Nationally Traded Companies

Firms whose stocks are listed and actively traded on a national securities exchange.

Work Stress

Work stress refers to the physical and emotional strains experienced as a result of job demands, often affecting an individual’s health and well-being.

Introverted

A personality trait characterized by a preference for internal thoughts and feelings over external stimulation and social interaction.

Judging Types

Personality types that prefer making decisions and having a structured lifestyle, as classified in certain personality typing systems.