Given the General Agreement That Pollution Is Undesirable and Social

question 148

Multiple Choice

Given the general agreement that pollution is undesirable and social welfare is increased by reducing pollution,the optimal level of pollution in a society is:

• A)zero.
• B)the level that reduces the marginal social costs of pollution to zero.
• C)the level at which the marginal social cost is equal to the marginal social benefit.
• D)the level that minimizes the average total cost of producing the product that generates the pollution.

Comprehend the principles of Herzberg's two-factor theory and recognize motivator factors.

Identify primary mechanisms used by managers to meet employees' lower and higher-level needs.

Explain the role of fairness and equity in motivation according to Equity Theory.

Know the criticisms and limitations of Maslow's hierarchy of needs theory.

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Definitions:

Total Fertility Rate

The average number of children that would be born to a woman over her lifetime, given current birth rates.

Per Capita Consumption

The average consumption of a good or service per individual within a population.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's streams, lakes, and oceans and the fluids of most living organisms.

Energy

The capacity to do work, which comes in various forms such as kinetic, potential, thermal, electrical, chemical, nuclear, and others, and can be transformed from one form to another.