The More Specialized Labor Becomes,the

question 94

Multiple Choice

The more specialized labor becomes,the:

• A)less likely it is that a double coincidence of wants will exist,and the less likely it is that monetary exchange will develop.
• B)less likely it is that a double coincidence of wants will exist,and the more likely it is that monetary exchange will develop.
• C)more likely it is that a double coincidence of wants will exist,and the less likely it is that monetary exchange will develop.
• D)more likely it is that a double coincidence of wants will exist,and the more likely it is that monetary exchange will develop.
• E)more likely it is that the individual is producing only what he or she wants to consume.

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Definitions:

Hackman-Oldham Job Enrichment Model

A theory that suggests work can be more satisfying by increasing job responsibility, achievement opportunities, and growth.

High Achievers

Individuals who consistently perform at a high level and excel in achieving their goals or objectives.

Low Achievers

Individuals who perform below the expected standard in terms of skills or accomplishments.

Expectancy

In expectancy theory, the likelihood that if a person tried, the result would be better performance.