While the Price of a Resource May Increase Sharply During

question 164

Multiple Choice

While the price of a resource may increase sharply during some periods, the structure of ____ accompanying the price increase makes depletion highly unlikely and provides the seeds for future reversal.

• A) government programs
• B) foreign competition
• C) incentives
• D) taxation

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Definitions:

Esteem Needs

A human motivational need, as identified by Maslow, involving respect, self-esteem, status, recognition, and freedom.

Praise

The expression of approval or admiration for someone or their actions, often used as a form of encouragement.

Recognition

Recognition involves acknowledging or giving credit to individuals or entities for their achievements, contributions, or status, often serving as a form of reward or appreciation.

Expectancy Theory

A motivational theory suggesting that people will choose how to behave based on their expectations that certain actions will lead to desired outcomes.