Herzberg's Motivation Theory Referred to the Desire for Unfulfilled Needs

question 39

Multiple Choice

Herzberg's Motivation Theory referred to the desire for unfulfilled needs as:

• A) deficiency factors.
• B) motivation factors.
• C) achievement factors.
• D) hygiene factors.
• E) ego factors.

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Definitions:

Extensive Economies of Scale

Refers to reductions in per-unit cost as the size of a firm or its level of production increases.

Marginal Revenue

The additional income from selling one more unit of a good; it is the change in total revenue that comes from selling an additional unit.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing to buy at various prices.

Coefficient of Price Elasticity

A measure of the responsiveness of the quantity demanded of a good to a change in its price.