Show What is the primary focus of the neoclassical theory quizlet?Rather than focus on production, structures, or technology, the neoclassical theory was concerned with the employee. Neoclassical theorists concentrated on answering questions related to the best way to motivate, structure, and support employees within the organization.
Which of the following is a building block of neoclassical economics?The answer is c). One of the key ingredients of neoclassical economics is the that market could achieve efficient allocations of resources, through the forces of demand and supply. For this to work, prices and wages must be fully flexible such that the price signals guide the allocation of resources.
What is the major neoclassical assumption quizlet?FOUR fundamental assumptions of neoclassical economics often contribute to environmental degradation: 1) Are resources infinite or substitutable? 2) Should we discount the future? 3) Are all cost and benefits internal?
Which of the following is an assumption of neoclassical economists quizlet?Neoclassical economics assumes that natural and human resources are either infinite or can be substituted easily when used up.
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