The Engineers at Westbloc Inc

question 40

Multiple Choice

The engineers at Westbloc Inc. who failed to complete their tasks on time were asked to work on weekends without additional pay. Which of the following theories of motivation does this scenario best illustrate?

• A) Reinforcement theory
• B) Equity theory
• C) Alderfer's ERG Theory
• D) McClelland's Learned Needs Theory

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Definitions:

Average-total-cost Curve

A graphical representation that shows the average total cost of producing each quantity of output.

Marginal-cost Curve

The marginal-cost curve depicts how the cost of producing one additional unit of a good or service varies as production increases.

Economies of Scale

The cost advantage that arises with increased output of a product, as costs are spread over a larger number of goods.

Wealth of Nations

A seminal book by Adam Smith that discusses economic principles and introduces the concept of the “invisible hand” guiding free markets.