Suppose Takumi's Willingness to Pay for One Snowboard Is $250

question 129

Multiple Choice

Suppose Takumi's willingness to pay for one snowboard is $250 and his willingness to pay for a second snowboard is $400. How many snowboards would Takumi buy if the market price of snowboards is $500?

• A) 0
• B) 1
• C) 2
• D) The amount of snowboards purchased would depend on Takumi's income.

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Definitions:

Role Ambiguity

The lack of clarity about expected behavior, responsibilities, and tasks in a job role, leading to confusion and stress.

Discretionary Action

Actions that rely on individual judgment and choice in the execution of a duty or the handling of a situation.

Role Conflict

Occurs when an individual faces incompatible demands or expectations from different roles they are required to perform.

Position Power

The authority or influence a person has due to their role or position within an organization or group.