The _____ States That a Satisfied Need Is Not a Motivator

question 96

Multiple Choice

The _____ states that a satisfied need is not a motivator of behavior.

• A) expectancy theory
• B) progression principle
• C) self-efficacy theory
• D) deficit principle
• E) frustration-regression principle

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Definitions:

Marginal Revenue Product

The additional revenue generated by employing one more unit of input, such as labor or capital.

Economic Rent

The excess payment made for a factor of production over its opportunity cost.

Total Supply

The total amount of a product or service available for purchase at any given price point.

Henry George

A 19th-century economist known for his belief that people should own the value they produce but that land and natural resources should belong to the community.