Tara Notices That Studying for 1 Hour After Class Increases

question 8

Multiple Choice

Tara notices that studying for 1 hour after class increases her economics grade by 11 points.The second hour yields a 7-point gain,the third hour yields a 4-point gain,and the fourth hour yields only a 1-point gain.This means that the marginal _____ of studying decreases with study hours.

• A) cost
• B) benefit
• C) opportunity cost
• D) time

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Definitions:

Expectancy Theory

A psychological theory that suggests an individual's motivation is influenced by the expected outcome and the value placed on that outcome.

Employee Motivation

The degree of enthusiasm, dedication, and innovation that employees of a business contribute to their roles.

Instrumentality

In the context of motivation, the perception that a particular level of performance will lead to the attainment of desired outcomes or rewards.

Economic Value Added

Economic Value Added is a financial performance measure that calculates the excess return on investment over the required rate of return for shareholders.