The Extra Benefit Resulting from a Small Increase in an Activity

question 191

Multiple Choice

The extra benefit resulting from a small increase in an activity is called the

• A) opportunity cost.
• B) marginal benefit.
• C) marginal cost.
• D) diminishing returns of the activity.

Understand different leadership theories and their applications.

Recognize the impact of gender on leadership effectiveness and style.

Identify the characteristics and behaviors of transformational and charismatic leaders.

Understand leadership prototypes and their influence on leadership perception.

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Definitions:

Precognition

The psychic ability to know or predict events before they actually happen.

Environmental Context

The physical, social, and cultural settings that surround and influence an individual or event, affecting how they are perceived or behave.

Emotions and Memory

The interaction between the psychological states of feelings and the cognitive system responsible for encoding, storing, and retrieving information.

Motivations on Perception

Refers to how internal drives and desires influence one's interpretation of sensory information.