Use the Information Below to Answer the Following Questions

question 84

Multiple Choice

Use the information below to answer the following questions.
Fact 9.2.1 You May Be Paid More (or Less) Than You Think
It's so hard to put a price on happiness,isn't it? But if you've ever had to choose between a job you like and a better-paying one that you like less,you probably wished some economist would tell you how much job satisfaction is worth.Trust in management is by far the biggest component to consider.Say you get a new boss and your trust in management goes up a bit (say,up 1 point on a 10-point scale) .That's like getting a 36 percent pay raise.In other words,that increased level of trust will boost your level of overall satisfaction in life by about the same amount as a 36 percent raise would.
Source: CNN,March 29,2006
-Refer to Fact 9.2.1.The news clip implies that the marginal rate of substitution is ________,which is likely ________ implication.

• A)constant;a correct
• B)constant;an incorrect
• C)decreasing;an incorrect
• D)decreasing;a correct
• E)incorrect;an incorrect

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Definitions:

Katz

Refers generally to theories or concepts developed by Daniel Katz regarding attitudes and motivation in organizational settings.

Lifestyle Analyses

The study of consumers' buying habits and preferences, often used in market research to categorize consumers into different segments based on their lifestyle choices.

Value-Expressive Function

The role of beliefs, purchases, or behaviors in expressing an individual's values, self-concept, and social identity.

Utilitarian Function

A concept in psychology suggesting that attitudes serve a practical function for individuals, helping them to avoid pain or achieve pleasurable outcomes.