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Mark thinks that if he asks for a $50-a-week raise,he will definitely get it.He really wants a $75-a-week raise and thinks his chances of getting a raise of that amount are about 25 percent.Expectancy value theory would predict that Mark will ask for a ________-a-week raise,and classic behaviorism would predict that he will ask for a ________-a-week raise.
Economics
The study of how people use their scarce resources to satisfy their unlimited wants
Physical Capital
Manufactured items used to produce goods and services; includes new plants and new equipment.
Petty Cash
A small amount of cash on hand that is used for paying minor or incidental expenses in a business.
Free Goods
Items or services available in abundance without direct cost, such as air or sunlight, not requiring scarce resources for their production.
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