When Extrinsic Rewards Are Given to Someone for Performing an Interesting

question 6

True/False

When extrinsic rewards are given to someone for performing an interesting task,it causes intrinsic interest in the task itself to decline.

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Definitions:

Compensating Balance

A minimum account balance that a company agrees to maintain in a bank account, often to qualify for favorable terms on a loan from the bank.

Effective Rate

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Terms of Sale

The conditions under which a seller is willing to sell a product or service, including price, payment method, and delivery time.

Prompt Payment Discount

A reduction in the amount due on a bill offered by a seller to encourage early payment by the buyer.