Motivation Is Defined as

question 9

Multiple Choice

Motivation is defined as

• A)the reason why high achieving employees strive for high job performance.
• B)a force within the individual that focuses his or her behavior on achieving a goal.
• C)personal ambition without regard to the impact on others.
• D)a desire to be finished with a project.
• E)individual goals.

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Definitions:

Total Revenue

The total amount of money received by a company from sales of its products or services before any expenses are subtracted.

Total Output

The total quantity of goods or services produced by a firm or economy.

Perfect Competition

A market structure characterized by a large number of small firms, a homogenous product, perfect information, and easy entry and exit, leading to firms being price takers.

Marginal Decision Rule

A principle stating that an action should be taken if, and only if, the marginal benefit of the action exceeds its marginal cost.