In a Piece Called "Work and Play," Mark Twain Points

question 206

Multiple Choice

In a piece called "Work and Play," Mark Twain points out that London cabbies used to take beautiful care of their carriages and horses without receiving so much as a penny.Then,when the city started paying these men for their labor,the carriages started to look shoddy and many of the men quit doing the job.Twain has cited an example of:

• A) how expectancy can lead to extrinsic motivation
• B) lack of motivation
• C) misattribution in achievement
• D) how important cognitive factors are in achievement

Recognize the role and influence of various social reform movements in the 19th-century United States, including abolitionism, temperance, and education.

Identify the founders and leading figures of significant 19th-century American religious and utopian communities.

Comprehend the advancements in technology and transportation that facilitated the distribution of literature during the 1830s and 1840s.

Understand the goals and characteristics of 19th-century utopian communities.

---

Definitions:

Unlevered Firm

A business or company that operates without any debt financing, meaning it does not have any borrowings in its capital structure.

M&M Proposition I

A theory in corporate finance that asserts that the market value of a company is independent of its capital structure.

Homemade Leverage

refers to the strategy wherein investors adjust the amount of leverage or debt in their investment portfolios on their own, rather than relying on the borrowing strategy of the companies in which they invest.

M&M Proposition

The Modigliani and Miller Proposition, theories that address the impact of capital structure on a company's value and cost of capital.