Which of the Following Statements Is False

question 188

Multiple Choice

Which of the following statements is false?

• A)In a competitive market, the price mechanism encourages conservation of a depletable resource.
• B)As the price of a depletable resource rises, its known reserves often increase.
• C)Prices of depletable resources have risen in the twentieth century primarily because resource producers have exercised monopoly or oligopoly power.
• D)Shortages of depletable resources occur primarily when governments or others interfere with the price mechanism.

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Definitions:

Porter and Lawler

A theory by Lyman W. Porter and Edward E. Lawler that suggests job satisfaction is determined by the perceived relationship between effort, performance, and rewards.

Employee Ability

Refers to the skills and capabilities that an individual possesses to perform job tasks effectively.

Role Clarity

The clear understanding of one's responsibilities, tasks, and expectations in a job or position within an organization.

Task Accomplishment

The successful completion or achievement of a specific task or objective.