When Compared to the Demand Curve for Only One Variable

question 46

Multiple Choice

When compared to the demand curve for only one variable input, the demand curve for a factor input when several inputs are variable is:

• A) less elastic.
• B) more elastic.
• C) vertical.
• D) horizontal.

---

Definitions:

Call Centre

A centralized office used for receiving or transmitting a large volume of inquiries by telephone, often for customer service purposes.

Quality Of Service

The degree to which a delivered service meets the expectations and requirements of the customer.

Person Analysis Process

A method in training needs assessment aimed at determining individual employees' deficiencies and the necessary training to address them.

Needs Analysis

A method used to determine and address gaps between current conditions and desired outcomes or performances.