In Comparison to an Employer in a Competitive Labor Market

question 259

Multiple Choice

In comparison to an employer in a competitive labor market, a monopsony employer hires ________ workers and produces ________ output.

• A) fewer; less
• B) fewer; more
• C) more; less
• D) more; more

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Definitions:

Proactive Behavior

Actions taken by individuals that are anticipatory, change-oriented, and self-initiated to influence their environment.

Autonomy

The capacity and right of individuals or groups to make their own decisions, acting independently without external control.

Rewarding Employees

The process of providing incentives or benefits to employees as recognition for their contributions, achievements, or performance.

Authentic Leadership

A leadership style where the leader is genuine, transparent, and ethical, and encourages trust by being consistent and real.