Regarding Sources of Motivation, Self-Gratification Is to ______ as Money

question 8

Multiple Choice

Regarding sources of motivation, self-gratification is to ______ as money is to ______.

• A)intrinsic; avoidance
• B)avoidance; intrinsic
• C)extrinsic; avoidance
• D)avoidance; extrinsic
• E)intrinsic; extrinsic

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Definitions:

Firm

A firm is a business organization that produces and sells goods or services in an effort to generate profit.

Shut Down

The temporary or permanent closure of a business operation due to various reasons such as financial losses, market conditions, or legal mandates.

Ramifications

A consequence of an action or decision, often complex or unwelcome.

Competitive Price-Taker Model

A market situation where individual firms have no control over the price of a product, typically because of perfect competition.