Which of These Is Found in the Expectancy Theory Model

question 76

Multiple Choice

Which of these is found in the Expectancy Theory model?

• A)P-to-O expectancy
• B)E-to-O expectancy
• C)V-to-E expectancy
• D)P-to-E expectancy
• E)O-to-P expectancy

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Definitions:

Abstractions

The process of extracting the underlying essence or general principles of a concept, situation, or phenomenon, often by neglecting concrete details.

Physical Sciences

Branches of science that study inanimate natural objects, including astronomy, chemistry, physics, and earth sciences.

Other-Things-Constant Assumption

The assumption, when focusing on the relation among key economic variables, that other variables remain unchanged; in Latin, ceteris paribus.

Rational Self-Interest

Each individual tries to maximize the expected benefit achieved with a given cost or to minimize the expected cost of achieving a given benefit.