The Marginal Benefit of an Activity Is

question 346

Multiple Choice

The marginal benefit of an activity is
i.the benefit from a one-unit increase in the activity.
ii.the benefit of a small,unimportant activity.
iii.measured by what the person is willing to give up to get one additional unit of the activity.

• A) i only
• B) ii only
• C) iii only
• D) i and iii
• E) ii and iii

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Definitions:

Modern Workplace

Encompasses the contemporary organizational environment, characterized by technological advancements, flexible work arrangements, and diverse workforces.

Goals

Specific, measurable objectives that individuals or organizations aim to achieve within a certain timeframe.

Beliefs

Mental acceptance or conviction in the truth or actuality of something, often without complete proof or evidence.

Organization Members

Individuals who belong to and participate in the activities of an organization, contributing to its goals and operations.