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The Difference Between Needs-Goal Theory and Vroom's Expectancy Theory Is

question 30

Multiple Choice

The difference between needs-goal theory and Vroom's expectancy theory is that Vroom's theory ________.


Definitions:

Marginal Benefit

Additional value or satisfaction obtained by consuming an extra unit of a good or service.

Utility-Maximizing Rule

A principle in economics that states individuals allocate their resources to maximize their utility or satisfaction.

MU/P Ratio

The marginal utility per unit of cost ratio, used in economic theory to analyze consumer choice behavior.

Marginal Utility

The additional contentment or value received by using one more unit of a good or service.

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