Which of the Following Is True

question 18

Multiple Choice

Which of the following is true?

• A) Rewards set the tone for what's expected and rewarded in the long term.
• B) Employees need to be rewarded for engaging in specific ethical behaviors.
• C) Punishment is an inherently bad practice.
• D) Rewards are better to control short-run ethical behavior.

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Definitions:

Leisure

Free time available to a person for relaxation, entertainment, or hobbies, not taken up by work or essential domestic activities.

Marginal Utility

The additional satisfaction or benefit (utility) that a consumer derives from buying an additional unit of a commodity or service.

Total Utility

The complete satisfaction or pleasure a consumer obtains from consuming a given quantity of goods or services.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, reflecting their preferences for certain combinations of goods.