Suppose a Gardener Produces Both Green Beans and Corn in Her

question 22

Multiple Choice

Suppose a gardener produces both green beans and corn in her garden.If she must give up 14 bushels of corn to get 5 bushels of green beans,then her opportunity cost of 1 bushel of green beans is

• A)0.36 bushel of corn.
• B)2.4 bushels of corn.
• C)2.8 bushels of corn.
• D)70 bushels of corn.

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Definitions:

Herzberg's Two-Factor Theory

Herzberg's Two-Factor Theory posits that job satisfaction and dissatisfaction arise from two different sets of factors – motivation factors and hygiene factors.

Job Enrichment

The upgrading of a job that makes it more interesting, meaningful, or rewarding and provides long-term motivation.

High Achievement

The attainment of superior levels of performance or accomplishment, often exceeding common standards.

Valence

The value a person places on a reward.