The Belief That Exerting a High Level of Effort Will

question 85

Multiple Choice

The belief that exerting a high level of effort will result in the successful performance of some task is known as:

• A)instrumentality.
• B)valence.
• C)equity.
• D)expectancy.
• E)psychological empowerment.

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Definitions:

Input Prices

The cost of resources used in the production of goods or services, including raw materials, labor, and overheads.

Technological Change

Refers to the improvement or innovation in technology, affecting how goods or services are produced or delivered.

Number Of Suppliers

The total count of entities or individuals providing a specific good or service in a market.

Normal Good

A good for which demand increases as the income of the individual or economy increases, and decreases when the income decreases.