When a company is trying to identify a new equilibrium, it's usually aiming to establish a fresh quantity for their demanded amount that aligns with what they are offering. Achieving equilibrium is beneficial for a firm, allowing them to meet the exact needs of their customers without incurring losses from unsold inventory.
Answer:
c. 0.59
Explanation:
The correlation coefficient represents a statistical indication of how strongly two variables are related. It doesn't possess units such as meters per second or months per pound. A correlation coefficient of 1 signifies a strong positive or direct relationship, while a negative value indicates an inverse relationship.
Options:
very high, given both expectancy and valence levels are elevated
moderately high, since high valence and instrumentality compensate for low expectancy
moderate, as high expectancy and valence levels counteract low instrumentality
low, since motivation requires high expectancy, instrumentality, and valence.
Answer:
low, since motivation hinges on high expectancy, instrumentality, and valence.
Explanation:
The expectancy theory of motivation posits that an individual will be driven to perform if they perceive their efforts will yield a positive reaction from their employer or result in satisfactory compensation. An employee who doubts their ability to meet the demands for a promotion will have a diminished level of motivation.
