_____ is an economic measure of efficiency that summarizes and reflects the value of the outputs created by an individual, organization, industry, or economic system relative to the value of the inputs used to create them.

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Answer 1

Answer:

Answer:

The correct answer is productivity.

Explanation:

Productivity can be defined in the most basic way as the efficiency to complete a task. It shows various measures of the efficiency of production.

Productivity in economics is the ratio of output per unit of input. It can also be referred to as the measure of how efficiently a firm, individual or organization can produce a good or service relative to the inputs used to produce them.

Labor productivity, for instance, shows how efficiently labor can be used to produce a good. It is the ratio of total output produced to total labor employed.

Related Questions

In economic terms, marginal is another word for which of the following?a. Outside b. Rare c. Additional d. Boundaries
One responsibility of the Center for Drug Evaluation and Research is to work with product marketers.a. True b. False
Examine the method that fnb (first national bank )can use to compete with other banks in south Africa
A producer is someone who _____________.a. Makes a commodity available for sale or exchange b. Buys or trades in order to receive a commodity c. Is in the market for a commodity d. Receives a commodity from a business Please select the best answer from the choices provided A B C D
Low rates of capacity utilization in service organizations are never appropriate. Group of answer choices True False

How do priorities and goals influence the way money is managed?

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How you manage your money greatly depends upon your priorities and goals. For instance, if you goal is to have a financially secure retirement, you would need to start saving and investing now. However, if your goal is to live your best life now, then you may spend more in the short term.

the 1969 research by allan wicker discovered that a person's attitude did not necessarily predict their behavior. specific examples wicker found include which of the following? multiple select question. student attitudes about cheating did not predict their own cheating behaviors. employer statements about whom they would hire did not match their actual employee rosters. individual descriptions of racial attitudes did not predict behaviors in an actual situation. individual attitudes about church attendance did not predict their own sunday attendance.

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i think 1969 was a time to be alive

Final answer:

Allan Wicker's 1969 research found that individuals' attitudes don't always predict their behaviors in situations like cheating, hiring practices and racial attitudes. This points to the complexity of the relationship between attitude and behavior.

Explanation:

The 1969 study by Allan Wicker claims that a person's attitudes may not necessarily align with their behaviors. This concept can be observed through three instances. First, it's observed that the attitudes of students towards cheating did not accurately predict their own cheating behaviors. Second, statements made by employers about whom they would prefer to hire often contrasted with their actual employee rosters. Finally, the personal narrative of one's racial attitudes did not necessarily predict their behaviors in realistic scenarios. Wicker's study illustrates how complex the relationship between attitude and behavior can be, and that various factors such as social pressures, internal states, and situational context can affect this behavior.

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In 1-2 sentences, explain why the private businesses will not provide public goods.

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ublic goods are goods which are non-excludable (no one can be denied from using it) and non-rival (use by one wouldn't affect the consumption by another).

Because of this, people want to use the good but not pay for it as they know, once the good is provided, they can't be excluded from using it. This is called Free riding.

Private companies will not be able to tackle the problem of free riding as they won't know what rate to charge and how to make everyone pay.

Govt. can, however do this easily.

The accounting procedures for sole proprietorships are the same as for partnerships except A. that the asset section includes more than one cash account. B. for the liability section. C. for the revenue section. D. that the capital section is now divided per the number of partners.

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The key difference in accounting procedures between sole proprietorships and partnerships is how the capital section is handled. In partnerships, the capital section is divided according to the number of partners with each partner contributing differently.

The accounting procedures for sole proprietorships and partnerships are highly similar, however, there is a key difference. This difference lies in the way the capital section is handled.
In a sole proprietorship, there is only one owner, so the capital contribution is singular.
However, in a partnership, the capital section is divided per the number of partners.
Each partner may contribute different amounts, and as such, the capital section would reflect these individual contributions.
Hence, the correct answer would be option D.

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I think the answer would be D.

Which of the following laws grants you the right to know what is in your credit file? A. Fair Credit Reporting Act B. Truth-in-Lending Act C. Credit Card Act of 2009 D. Fair Credit Billing Act

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Answer:

A. Fair Credit Reporting Act

Explanation:

Fair Credit Reporting Act -

The act started in the year 1970 , in order to get accuracy , and private information of the consumers about the credit report .

According to this act , it ensures the proper regulation of the consumer's' credit information and its credit reports , is known as the Fair Credit Reporting Act .

Hence , from the given statement of the question ,

The correct option is A. Fair Credit Reporting Act .

In the context of visionary leadership, _____ control and manipulate followers, do what is best for themselves instead of their organizations, want to hear only positive feedback, share information that is only beneficial to themselves, and have moral standards that put their interests before everyone else's.A) ethical charismatics
B) democratic leaders
C) transformational leaders
D) unethical charismatics

Answers

Answer:

D. Unethical charismatics

Explanation:

Unethical charismatics leaders are the type of charismatic leaders that have unreasonably high sense of self importance which is based on gaining attention and getting commendations, applause, etc from others while they ignore opinions that are contrary or opposite.

Other Questions

Bobby consumes only chocolate and vanilla ice cream and he is spending all of his income. For the last scoop of chocolate and vanilla ice cream that he bought, his marginal utility of chocolate is 100 and his marginal utility of vanilla is 250, and the price of chocolate is $1.00 per scoop and the price of vanilla is $2.00 per scoop. Bobby would maximize his utility by_____________________________________ ice cream. Assume that Bobby could buy any fraction of a scoop of (e.g., he could buy ½ scoop) of ice cream (continuous in quantity).A. only purchasing vanilla ice cream, but no chocolateB. purchasing more chocolate and less vanillaC. purchasing more vanilla and less chocolateD. not changing his purchases of chocolate and vanillaE. only purchasing chocolate ice cream, but no vanilla

A woman held fee simple title to a vacant lot adjacent to a business. She was persuaded to make the lot available to the business. She had her attorney prepare a deed that conveyed ownership of the lot to the business "so long as it is used for commercial purposes." After the completion of the gift, the business will own a:___________.a. life estate.b. tenancy for years.c. periodic tenancy.d. determinable fee estate.

Which is Sam Adams known for?a. writing pamphlets about independenceb. founding the radical Sons of Libertyc. leading troops at Bunker Hilld. working to make peace with Britain

Match 1.)Less government intervention gives people more economic freedom. 2.)Government should not control the money supply. 3.)Government intervention is necessary for stability. 4.)Competition is a regulatory force. A.) Adam Smith B.)Friedrich Von Hayek C.)John Maynard Keyness D.) Milton Friedrich