Katie Decided to Do a More Enjoyable Task After Completing

question 44

Multiple Choice

Katie decided to do a more enjoyable task after completing a task that she disliked.This instance is an example of:

• A)self-reinforcement.
• B)job enrichment.
• C)job specialization.
• D)self-monitoring.
• E)job feedback.

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Definitions:

Accounting Profit

The total revenue of a firm minus the explicit costs directly associated with its operation, such as materials and labor, calculated according to standard accounting practices.

Implicit Cost

The opportunity cost equal to what a firm must give up in order to use resources it already owns for production, without direct payment.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs.