The Price Elasticities of Supply and Demand Affect

question 30

Multiple Choice

The price elasticities of supply and demand affect

• A)both the size of the deadweight loss from a tax and the tax incidence.
• B)the size of the deadweight loss from a tax but not the tax incidence.
• C)the tax incidence but not the size of the deadweight loss from a tax.
• D)neither the size of the deadweight loss from a tax nor the tax incidence.

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Definitions:

Organizational Citizenship Behavior

Voluntary, discretionary behaviors exhibited by employees that are not directly recognized by the formal reward system but contribute to organizational effectiveness.

Collective Performance

Refers to the aggregated or combined outcomes and achievements of a group or team working together towards common objectives.

Power of Earning

The capacity to generate income or wealth through work, investments, or other economic activities.

Organizational Reward System

The mechanisms and structures within an organization designed to recognize and compensate employees for their contributions.