In the United States,the Number of Two-Career Couples and Single-Parent

question 114

Multiple Choice

In the United States,the number of two-career couples and single-parent families are increasing.These growing and competing demands of family and job have led some companies to ____.

• A) decrease or eliminate the option for flextime
• B) commission validation studies to assess the impact of such work-family conflicts
• C) reconsider their hiring practices and invest more in assessment centers
• D) develop family-friendly work policies to combat employee job dissatisfaction

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Definitions:

Marginal Utility

The surplus satisfaction or utility experienced by an individual from consuming an extra unit of a particular good or service.

Utility Maximization

The process by which individuals allocate their resources to maximize their satisfaction or utility.

Diminishing Marginal Utility

The principle that as a person increases consumption of a product, there is a decline in the additional satisfaction or utility that person gains from consuming one more unit of the product.

Additional Utils

The extra satisfaction or utility a consumer receives from consuming one more unit of a good or service.