Q1. 1. Herzberg concluded that pay was not a motivator. If you were paid to get better grades, would you be motivated to study harder?
2. Look over Maslow's hierarchy of needs and try to determine where you are right now on the hierarchy. What needs of yours are not being met?
3. How could a company go about meeting those needs and thus motivate you to work better and harder?
Q2. What economic concepts can be used to explain the reason that a new car purchased by a consumer and driven off a new car lot decrease in value almost immediately compared with the value of the same make and model of a car still on the new car lot?