You Should Expect Your Supervisor to

question 135

Multiple Choice

You should expect your supervisor to

• A)use charisma to enhance her power.
• B)lead for her own self-serving ends.
• C)provide feedback that is only about organizational goals.
• D)be honest, and humble.
• E)encourage competitions within the department.

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Definitions:

Marginal Utility

The change in total utility a person receives from consuming one additional unit of a good or service.

Change in Total Utility

The difference in the overall satisfaction a consumer receives before and after the consumption of an additional unit of a good or service.

Consuming One More Unit

The action or decision of using up an additional unit of a good or service and its impact, often related to marginal utility.

Budget Line

A graphical representation that shows all possible combinations of two goods that an individual can afford given their income and the prices of the goods.