The Increased Production of Lamps Comes at Constant Opportunity Costs

question 41

Multiple Choice

The increased production of lamps comes at constant opportunity costs in terms of bookshelves.This means

• A) that it takes more resources to produce a lamp than a bookshelf.
• B) that it takes fewer resources to produce a lamp than a bookshelf.
• C) that for every lamp produced, a constant number of bookshelves is forfeited.
• D) that for every lamp produced, a different number of bookshelves is forfeited.

Understand the basic principles of various motivation theories and their applications.

Identify the role of reinforcement in shaping behavior within the workplace.

Differentiate between incentive compensation systems and their impact on work motivation.

Analyze the effectiveness of different reinforcement schedules on behavior permanence.