What Is the Relationship Between Job Satisfaction and Worker Productivity

question 21

Multiple Choice

What is the relationship between job satisfaction and worker productivity?

• A)Job satisfaction does not necessarily lead to higher levels of productivity.
• B)More satisfied men, but not women, are more productive.
• C)Less satisfied workers are more productive.
• D)More satisfied older workers, but not younger workers, are more productive.
• E)More satisfied workers are more productive.

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Definitions:

Average Costs

The total costs (fixed and variable) divided by the total output, indicating the cost per unit of output produced.

Decreasing Returns to Scale

A situation in which, when the scale of production is increased, the output increases at a proportionally lower rate.

Minimum Efficient Scale

The smallest level of production a company can achieve while still taking full advantage of economies of scale in terms of costs per unit.

Long-Run Average Cost Curve

A graphical representation showing the lowest average cost of producing any output level when all inputs can be varied.