If There Is No Change in Price That Can Alter

question 168

Multiple Choice

If there is no change in price that can alter the quantity supplied then the supply for the good is

• A)perfectly elastic.
• B)inelastic.
• C)perfectly unit elastic.
• D)perfectly inelastic.

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Definitions:

Performance-outcome Expectancy

The belief about the likelihood that one's effort will lead to desired performance levels and outcomes.

Negative Inequity

Negative Inequity occurs when an individual perceives that their own input-output ratio is less favorable compared to others, leading to feelings of unfair treatment.

Work Inputs

Resources, effort, and materials required to perform tasks and produce outputs in a work environment.

Goal-Setting Theory

A motivational theory that emphasizes the importance of setting specific, challenging goals to enhance performance and achieve desired outcomes.