-Refer to Exhibit 3-6

question 213

Multiple Choice

-Refer to Exhibit 3-6.If D₁ is the relevant demand curve,an increase in the price of good X may cause

• A) demand to shift from D₁ to D₂.
• B) demand to shift from D₁ to D₃.
• C) a movement along D₁ from point A to point B.
• D) a movement along D₁ from point A to point C.

Recognize the importance of job design strategies such as job enrichment, and how they affect employee satisfaction and effectiveness.

Understand the role of reward systems in motivating employees and the potential challenges with their implementation.

Assess the effects of personal and cultural factors on self-leadership and its various practices.

Apply concepts of self-leadership, including personal goal setting, constructive thought patterns, and designing natural rewards, to improve workplace performance.

---

Definitions:

Marginal Benefits

The added pleasure or value that comes from the additional consumption or production of a good or service unit.

Marginal Costs

The supplementary cost involved in the production of one more unit of a product or service.

Production Possibilities Curve

A graph that shows the maximum number of possible units of two commodities that a economy can produce with available resources and technology.

Marginal Benefit

The incremental gain in happiness or usefulness obtained through consuming an extra unit of a good or service.