Emily Jones, a Junior Design Artist with a Studio Called

question 68

Multiple Choice

Emily Jones, a junior design artist with a studio called Eye for Design, was known to be very good at her job. She had a lot of experience from working on numerous projects and she often mentored new employees successfully. She was paid well and her colleagues and peers, some of whom Emily knew for four years, appreciated her helpful and lively nature. It came as a surprise to everyone when Emily resigned after the recent round of annual appraisals. During her exit interview, Emily said that the only reason that she was taking this move was because she had a strong feeling that she was stagnant in her career. Her reason for leaving is the _____ in her job in this company.

• A) lack of growth
• B) internal pay inequity
• C) problems with management
• D) heavy workload
• E) mismatch between jobs and skills

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Definitions:

Per Unit Tax

A tax levied on goods that is fixed in amount for each unit produced or sold.

Consumer Surplus

The gap in the total funds consumers are willing and financially prepared to allocate for a good or service, versus the funds actually allocated.

Producer Surplus

The difference between the amount producers are willing to supply a good for and the actual amount they receive when the good is sold.

Producer Surplus

The gap highlighting the difference between the initial asking price by sellers for goods or services and the ultimately received price.