According to Theory Y

question 64

Multiple Choice

According to Theory Y:

• A)people are willing to work,like responsibility,and are self-directed and creative.
• B)people are social and self-actualizing
• C)a satisfied need does not motivate behavior.
• D)people at work rationally consider opportunities made available to them
• E)a need is activated only when the next-lower-level need is satisfied.

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Definitions:

Nonpayers

Individuals who benefit from goods or services without directly contributing to the cost, often associated with public goods.

Nonexcludability

is a characteristic of public goods where it is impossible to prevent individuals from enjoying the benefits of a good or service, regardless of whether they have paid for it.

Free-riding

The act of benefiting from the efforts, costs, or contributions of others without making a fair contribution oneself, often seen in public goods scenarios.

Public Good

A public good is a commodity or service that is made available to all members of a society, typically by the government, without directly charging consumers for its consumption. These goods are characterized by their non-excludability and non-rivalrous nature.