Which of the Following Is an Example of a Long-Run

question 103

Multiple Choice

Which of the following is an example of a long-run cost for a manufacturing firm?

• A) the purchase of additional raw materials
• B) hiring more employees
• C) an increase in the size of its factory
• D) paying higher tax rates
• E) increasing the size of its management team

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Definitions:

Motivation

The internal process that activates, guides, and maintains behavior towards achieving a goal.

Intrinsic Motivation

The drive to engage in activities for their own sake, deriving pleasure and satisfaction from the activities themselves, rather than from external rewards.

Salovey And Mayer's Model

A pioneering model of emotional intelligence that emphasizes the ability to process emotional information and use it to navigate the social environment.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others, facilitating effective communication and harmonious relationships.