The Productivity of an Input Is the

question 160

Multiple Choice

The productivity of an input is the

• A) per capita cost of an input.
• B) sum of the total output produced by all inputs.
• C) net worth of the input.
• D) amount of output produced per unit of input.

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Definitions:

Rich

Having an abundance of wealth, resources, or valuable possessions.

Halo Effect

A cognitive bias in which an observer's overall impression of a person, company, brand, or product influences the observer's feelings and thoughts about that entity's character or properties.

Primacy Effect

The tendency for individuals to remember items at the beginning of a list better than items in the middle or at the end.

Matching Effect

A phenomenon where advertisements are more effective when their content is aligned with the mood or the mindset of the audience.