Which of the Following Is Not an Expectancy Theory Concept

question 54

Multiple Choice

Which of the following is not an expectancy theory concept?

• A) Effort-performance expectancy.
• B) Performance-outcome expectancy.
• C) Outcome-valence expectancy.
• D) Valence.

Evaluate the impact of market demand and cost functions on oligopoly equilibrium prices and quantities.

Analyze the strategic interactions between firms in duopoly models.

Understand the implications of conjectural variations and its role in market predictions.

Assess the outcomes of collusive vs. competitive behaviors in oligopolistic markets.

---

Definitions:

Illusory Correlation

The belief in a connection between two factors where none actually exists.

Decline Effect

The phenomenon where the strength of a scientific finding or the size of observed effects tends to decrease over time with subsequent studies or experiments.

Physical Height

The measurement of how tall an individual or structure is, typically measured from the base to the top.

Correlation

An indicator quantifying the degree to which multiple variables co-vary.