Power Is the Ability to Obtain Compliance in Exchange for Material

question 8

Multiple Choice

power is the ability to obtain compliance in exchange for material resources.

• A) Normative
• B) Remunerative
• C) Coercive
• D) Subjective

---

Definitions:

Administrative Fee

A charge by an institution or business for administrative costs, often added to transactions, memberships, or services.

Monopolized Labor Market

A labor market where a single employer significantly controls the market for jobs and wages.

Equilibrium Wage

The wage rate that balances the quantity of labor supplied and the quantity of labor demanded in a labor market.

Marginal Product

The additional output generated by employing one more unit of a specific factor of production, holding other factors constant.