Which of the Following Would Cause Brian to Be Willing

question 15

Multiple Choice

Which of the following would cause Brian to be willing to pay more to go to college?

• A) His expected wage after graduation decreases to $110K.
• B) His wage at the retail store increases to $6K.
• C) His discount rate increases to 15%.
• D) His discount rate decreases to 8%.
• E) His wage during college increases to $30K.

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Definitions:

Organizational Commitment

The psychological attachment and loyalty an employee has towards their organization, often reflected in their willingness to remain a part of it.

Forms of Commitment

Refers to the different ways individuals can be attached to an organization, including emotional attachment (affective commitment), obligation (normative commitment), and cost-based attachment (continuance commitment).

Normative Commitment

A feeling of obligation to remain with an organization because of moral or ethical beliefs.

Time Employed

The duration or period an individual has been working in a particular job or organization.