Jason and Victoria Are Both Trained in I/O Psychology

question 111

Multiple Choice

Jason and Victoria are both trained in I/O psychology. Jason works for a large corporation where he is responsible for training employees, identifying job performance criteria, andusing those criteria to measure job performance. Victoria works as a consultant who investigates the social environment of organizations, analyzing corporate norms and decision-making processes as they affect employee behavior. Jason's job emphasizes the _____ side of I/O psychology, while Victoria's job emphasizes the _____ side of I/O psychology.

• A)industrial; personnel
• B)organizational; personnel
• C)industrial; organizational
• D)organizational; industrial

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Definitions:

Unregulated Monopoly

A market structure in which a single supplier dominates the market without any government intervention or regulation.

Economically Efficient

A situation where resources are allocated in a way that maximizes the production of goods and services without wasting any resources.

Zero Economic Profits

A situation where a firm's total revenues exactly equal its total costs, indicating no supernormal profit but covering all operating expenses.

Long-Run Equilibrium

A state in which a market's supply and demand balance out over time, with all firms earning normal profit and no incentive for new firms to enter or existing ones to exit.