An Increase in the Number of Buyers in a Particular

question 212

Multiple Choice

An increase in the number of buyers in a particular market for a good will result in a ___________________ for that good.

• A) movement up along the demand curve
• B) movement down along the demand curve
• C) leftward shift in the demand curve
• D) rightward shift in the demand curve

Understand the limitations of using a single motivator in motivational systems.

Identify the factors an organization must consider when implementing motivational practices.

Acknowledge the effectiveness of using a variety of motivators in motivational systems.

Discuss the benefits and challenges of telecommuting as a motivational practice.

---

Definitions:

Paired Distinctiveness

Illusory correlation in which items are seen as belonging together because they share some unusual feature.

Availability Heuristic

A cognitive short-cut in which the frequency or likelihood of an event is based on how quickly instances or associations come to mind.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.

Representativeness Heuristic

A cognitive shortcut that involves judging the probability of an event by its similarity to a prototype, potentially leading to errors in judgment.