The Essential Difference Between a Change in Supply and a Change

question 163

Multiple Choice

The essential difference between a change in supply and a change in the quantity supplied is

• A) the first is caused by a change in input prices,while the second is caused by a change in the price.
• B) the first is a movement along the curve,while the second is a shift of the curve.
• C) the first is caused by a change in the price,while the second is caused by a change in input prices.
• D) nothing;both are caused by a change in the price.
• E) nothing;both are caused by a change in input prices.

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Definitions:

Job Enrichment

The process of making a job more rewarding, challenging, and interesting by adding tasks that increase the job's motivational factors.

Mental Imagery

The process of creating or recreating experiences in the mind, utilizing the senses without direct external input.

Self-reinforcement

The act of rewarding oneself to strengthen the likelihood of a specific behavior occurring in the future.

Job Characteristics Model

A framework suggesting that job satisfaction is increased and positive outcomes are achieved when jobs are designed to be meaningful, involving tasks that require skill variety, task identity, task significance, autonomy, and feedback.