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Which of the Following Concepts Explained in the Expectancy Theory

question 36

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Which of the following concepts explained in the expectancy theory means that if money is to act as a strong motivator,an employee must want more of it?


Definitions:

Nonrivalry

A characteristic of certain goods where one person's consumption does not reduce availability to others, often associated with public goods.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction which the parties directly involved in the transaction do not fully account for.

Public Good

A product that one individual can consume without reducing its availability to another individual and from which no one is excluded.

Marginal Benefit

The incremental utility or satisfaction derived from the consumption or production of an additional good or service unit.

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