Which View of Motivation Is Based on Intrinsic and Extrinsic

question 25

Multiple Choice

Which view of motivation is based on intrinsic and extrinsic sources of motivation and is characterized as expectancy x value?

• A)Humanistic
• B)Cognitive
• C)Social cognitive
• D)Sociocultural

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Definitions:

Income Elasticity

A measure of how much the demand for a good or service changes in response to a change in the income of consumers.

Demand Is Elastic

A situation where the quantity demanded of a product changes significantly with a change in its price.

Total Revenue

The overall amount of money earned by a firm from the sale of its products or services before any costs are subtracted.

Point Elasticity

A measure of elasticity that uses the slope measurement.