Which Statement Is TRUE

question 186

Multiple Choice

Which statement is TRUE?

• A)The concept of equilibrium requires that all individuals have an equal amount of income.
• B)If a market is in equilibrium,the price in that market will not fluctuate by more than 5%.
• C)If a market is in equilibrium,there will be no remaining opportunities for individuals to make themselves better off.
• D)A market is in equilibrium when the number of buyers is equal to the number of sellers.

Understand the concepts and applications of different management and motivation theories, including Theory Z, Maslow's hierarchy of needs, and Herzberg's two-factor theory.

Identify the factors that contribute to low morale and their effects on productivity and turnover.

Recognize the importance and impact of human relations in the organizational setting.

Describe the key findings of the Hawthorne Studies and their implications on employee motivation.

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Definitions:

Antianxiety Drugs

Medications used to treat symptoms of anxiety by affecting neurotransmitter activity in the brain to induce relaxation.

Addictive

Having the quality of causing users to develop a dependency, often compelling them to repeatedly seek out and use the substance or activity.

Selective Serotonin Reuptake Inhibitors

A class of drugs often prescribed as antidepressants, which work by increasing the amount of serotonin in the brain.

Norepinephrine

A neurotransmitter and hormone that plays a key role in alertness and the fight-or-flight response, also involved in mood regulation.