The Following Table Shows the Marginal Benefit to a Consumer

question 117

Multiple Choice

The following table shows the marginal benefit to a consumer of DVD rentals. If the price of a DVD rental is $4,a consumer following the rule of rational choice will rent:

• A) 2 DVDs per month.
• B) 3 DVDs per month.
• C) 4 DVDs per month.
• D) 5 DVDs per month.

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Definitions:

Employee Involvement

The practice of empowering employees by involving them in decision-making processes and giving them a role in influencing their work and the environment.

Ethnocentrism

The belief in the superiority of one's own ethnic group, culture, or nation over others.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a generalized view of other cultures.

Low-Context Cultures

Cultures that depend on explicit messages conveyed through the spoken or written word.