Motivating for Work Performance
HRMT 3145 S10
March 29, 2015
The purpose of this manual is to identify practices
The total earnings of a worker are represented by E = 100 + $10(24 - L), where E is earnings and L is the number of hours of leisure. How much will
the worker earn if he takes 14 hours of leisure per day?
Which of the following is true?
0 Indifference curves may intersect.
0 None of the statements is correct. <—right
0 If income increases, a consumer will always consume more of a good.
6 . At a point of consumer equilibrium, the MRS always equals 1.
If the price of a good fails, then the equilibrium consumption of that good:
0 decreases if it is a normal good.
a . increases if it is an inferior good.
0 remains the same.
0 None of the statements is correct.
lfyou include in your offerings some inferior goods, the demand for these products will increase:
9 . All of the statements associated with this question are correct.
0 during economic booms.
0 during bad economic times.
0 when incomes are high. <—right
An increase in the price of good X will have what effect on the budget line on a normal X—Y graph?
0 A decrease in the horizontal intercept <—fight
0 An increase in the vertical intercept
6 O A parallel inward shift of the line
. A parallel outward shift