An Expectancy of Zero Means That the Person

question 79

Multiple Choice

An expectancy of zero means that the person

• A) does not value the outcomes.
• B) does not trust the company.
• C) does not feel confident in his or her ability to do the job.
• D) is not motivated.
• E) is highly motivated.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the open market.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market balance.

Demand

The willingness and ability of consumers to purchase goods or services at a given price level.