Diminishing Returns Occurs Because

question 139

Multiple Choice

Diminishing returns occurs because:

• A)not enough people have jobs.
• B)one of the inputs to the production process is fixed.
• C)consumers do not buy enough of the products produced.
• D)people have not satisfied their self-interests.

Identify historical approaches and their impact on the evolution of job analysis and design.

Recognize the competency models and their importance in aligning jobs with organizational strategy and employee performance.

Acknowledge the challenges and changing dynamics in job analysis due to technological and organizational changes.

Understand the characteristics and management of asthma.

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Definitions:

Average Intelligence

Generally refers to a score on a standard intelligence test that falls within the middle range of the population, usually defined by a standard deviation from the mean IQ score.

Heuristics

are simple, efficient rules or methods used to make decisions or solve problems quickly when exhaustive processing is impractical.

Trial And Error

A fundamental method of problem solving that involves testing various solutions until finding one that works.

Availability

Refers to how easily something can be accessed or retrieved from memory, influencing how likely people are to use that information when making decisions or judgments.