The First Two Theoretical Approaches to Motivation That Attained Prominence

question 88

Multiple Choice

The first two theoretical approaches to motivation that attained prominence in the history of modern psychology were:

• A)the instinct approach and then the incentive approach.
• B)the incentive approach and then the drive-reduction approach.
• C)the drive-reduction approach and then the instinct approach.
• D)the instinct approach and then the drive-reduction approach.

---

Definitions:

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.

Minimum Return

The lowest expected or required return on an investment over a specified period.

Long Run

A period of time in which all factors of production and costs are variable, allowing for all adjustments to take place in the analysis of economic conditions.

Average Variable Cost

The total variable costs of production divided by the quantity of output produced.