In Economics, the Term ________ Means "Additional" or "Extra

question 238

Multiple Choice

In economics, the term ________ means "additional" or "extra."

• A)allocative
• B)marginal
• C)equity
• D)optimal

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Definitions:

Performance

A measure of how well an individual, group, or organization achieves their objectives or goals.

Rewards

Benefits or compensation given in recognition of an individual’s or group’s effort, achievement, or service.

Job Satisfaction

The level of contentment or happiness an individual feels towards their job, which can influence their motivation and effectiveness at work.

Customer Satisfaction

Customer Satisfaction is a measure of how products or services supplied by a company meet or surpass customer expectations.