Which of the Following Statements Is True About Groups That

question 28

Multiple Choice

Which of the following statements is true about groups that are smaller in size?

• A)Members of small groups tend to be less motivated.
• B)Members interact less with each other in small groups.
• C)Managers of small work groups obtain a smaller advantage from division of labor.
• D)Members of small groups find it harder to share information with one another.
• E)Managers of small work groups tend to be less committed.

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Definitions:

Utility Function

A representation of a consumer's preferences, indicating the level of satisfaction derived from various bundles of goods and services.

Units of X

Specific measures or quantities of a given variable or product X.

Price of X

The cost associated with acquiring a unit of good or service X.

Utility Function

An economic model that measures preferences over a set of goods and services.