Figure 12-2 -Refer to Figure 12-2.As the Number of Workers Increases

question 171

Multiple Choice

Figure 12-2
-Refer to Figure 12-2.As the number of workers increases,

• A) total output increases but at a decreasing rate.
• B) marginal product increases but at a decreasing rate.
• C) marginal product increases at an increasing rate.
• D) total output decreases.

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Definitions:

Intrinsic Motivation

The drive to perform a task due to inherent satisfaction or enjoyment, rather than external pressures or rewards.

Extrinsic Rewards

Rewards given to an individual that are external to the job itself, such as pay, bonuses, or other tangible benefits.

Self-Actualization Need

The desire for self-fulfillment and realizing one's own potential, as the highest level in Maslow's hierarchy of needs.

Maslow's Hierarchy

A psychological theory proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy from basic physiological needs to self-actualization.