Value-Added Refers To

question 8

Multiple Choice

Value-added refers to:

• A)the cost of inputs.
• B)the price of outputs.
• C)the difference between cost of inputs and the value or price of outputs.
• D)the extra profit obtained from increased productivity.
• E)the ratio of outputs compared to inputs.

---

Definitions:

Tunnel Vision

A condition where peripheral vision is reduced or lost, literally or metaphorically, making it seem as though one is looking through a tunnel.

Increased Pressure

A condition where the force exerted by a fluid against a surface is higher than normal.

Pupillary Light Reflex

A reflex that controls the diameter of the pupil in response to the intensity of light to protect the retina by constricting or dilating the pupil.

Penlight

A small, portable flashlight, often used in medical examinations to observe pupils' reaction to light or to inspect areas of the mouth and throat.