Use the Following to Answer Questions

question 38

Multiple Choice

Use the following to answer questions:
-(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. At the socially optimum amount of land dedicated to the public park the marginal social cost will be:

• A) $225.
• B) $150.
• C) $100.
• D) $0.

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Definitions:

Competencies

A mix of abilities, expertise, and competencies needed to successfully execute job responsibilities.

Role Perceptions

Individuals' understanding of their responsibilities, duties, and expectations within a specific role or position in an organizational or social context.

Values

Core beliefs or principles that guide an individual's or organization's behavior, decision-making, and interactions with others.

Organizational Citizenship

The behavior of an individual that is discretionary, not directly or explicitly recognized by the formal reward system, and that promotes the effective functioning of the organization.