If People Expect That Nothing of Significance Will Change,regardless of the Amount

question 98

Multiple Choice

If people expect that nothing of significance will change,regardless of the amount of time and effort they might devote to making it happen,this belief can become ____.

• A) employee satisfaction with the status quo
• B) a perceived personal risk
• C) a problem
• D) a self-fulfilling prophecy

---

Definitions:

Marginal Revenue

The additional revenue a firm receives from selling one more unit of a good or service.

Pure Monopolist

A single seller in a market with no close substitutes for its product, setting the market price and output level.

Seventh Unit

A term that could refer to the incremental unit in a sequence, often used in contexts where items are categorized or measured in units.

Nondiscriminating Monopolist

A monopolist that charges the same price to all consumers for its product, instead of setting different prices for different customers.