Which of the Following Nets the Largest Productivity Improvement

question 95

Multiple Choice

Which of the following nets the largest productivity improvement?

• A) increase output 15%
• B) decrease input 15%
• C) increase both output and input by 5%
• D) increase output 10%, decrease input 3%
• E) decrease input 10%, increase output 3%

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Definitions:

Chapter 7

A provision in the United States bankruptcy code allowing for the liquidation of a debtor's assets to pay off creditors.

Secured Creditors

Creditors who have a legal claim to a debtor's assets as collateral for a debt, giving them a priority position over unsecured creditors in case of bankruptcy.

Liquidation Bankruptcy

A bankruptcy procedure where a debtor's assets are sold off to pay creditors, typically under Chapter 7 in the United States.

Savings and Loan Association

A financial institution that specializes in accepting savings deposits and making mortgage and other loans.