Julian,an Assembly Line Worker at a Furniture Assembly Facility,attaches Headrests

question 47

Multiple Choice

Julian,an assembly line worker at a furniture assembly facility,attaches headrests to office chairs.Now,Julian's manager wants Julian to attach arm rests to the chairs as well.Which term best describes the change in Julian's job?

• A)job rotation
• B)job reengineering
• C)job enlargement
• D)job enrichment

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Definitions:

Equilibrium Price

The equilibrium price is the market price at which the quantity of goods supplied is equal to the quantity of goods demanded, leading to market balance.

Equilibrium Quantity

The amount of goods or services supplied that is equal to the amount demanded at the market equilibrium price.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to market equilibrium.

Equilibrium Quantity

The quantity of goods or services supplied is equal to the quantity demanded at the market price.