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The Work of Edward Deci Suggests That Managers Should Primarily

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The work of Edward Deci suggests that managers should primarily rely on extrinsic rewards to motivate employees.

Understand the principles of consumer choice and utility maximization.
Recognize and analyze different types of utility functions and their implications for consumer behavior.
Calculate consumer's optimal choice given budget constraints and prices.
Identify and explain the impact of income and price changes on consumer's demand.

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