By Asking a Single Direct Question (Such as "How Satisfied

question 129

Multiple Choice

By asking a single direct question (such as "How satisfied are you with your job?

• A)provide a better estimate of job satisfaction than if the survey asked several questions.
• B)measure organizational commitment rather than job satisfaction.
• C)underestimate the true level of job satisfaction among employees.
• D)confuse people who are completing the survey.
• E)overestimate the true level of job satisfaction among employees.

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Definitions:

Long Run

A period in economics where all factors of production and costs are variable, and firms can adjust all inputs as needed.

Marginal Revenue

The additional income that is generated by selling one more unit of a product or service.

Market Price

The current price at which a good or service can be bought or sold in a marketplace.

Average Variable Cost

The total variable cost per unit of output, calculated by dividing total variable costs by the quantity of output produced.