______ Refers to the Extent to Which Individuals Can Demonstrate

question 56

Multiple Choice

______ refers to the extent to which individuals can demonstrate initiative in designing their own work.

• A) Job enrichment
• B) Job crafting
• C) Job rotation
• D) Organizational justice

---

Definitions:

Free Market Equilibrium

A state in an economy where supply meets demand naturally without intervention, and prices are determined by free market forces.

Price Controls

Government-imposed limits on the prices that can be charged for goods and services in a market.

Consumers Gain

The benefit or surplus that consumers receive from purchasing goods and services at a price lower than their maximum willingness to pay.

Own Price Elasticity

The responsiveness of the quantity demanded of a good to a change in its own price.