Happy Workers (Those with Higher Job Satisfaction)tend to Be More

question 153

Multiple Choice

Happy workers (those with higher job satisfaction) tend to be more productive workers:

• A) in every job.
• B) only when those workers have high emotional intelligence.
• C) mainly in jobs where employee rewards are linked to their work output.
• D) only in jobs requiring continuous direct supervision.
• E) never: job satisfaction has no effect on job performance.

Interpret tables and figures related to labor and product markets to make informed economic decisions.

Recognize the relationship between wage rates, productivity, and employment levels in a competitive labor market.

Describe how shifts in marginal cost and marginal revenue product curves affect firm behavior in both product and labor markets.

Understand the law of diminishing marginal returns and its implications for the marginal revenue product schedule.