If Spending Is Greater Than Output, a Firm's Inventories Will

question 123

True/False

If spending is greater than output, a firm's inventories will increase, and output will decrease.

---

Definitions:

Greatest Effort

The highest level of effort that an individual can possibly exert towards achieving a particular goal.

Social Loafing

The occurrence where people put in less effort towards achieving an objective when they are part of a team, as opposed to when they are working by themselves.

Personally Accountable

The responsibility an individual takes for their actions, including the consequences and outcomes of those actions.

Indispensable

Absolutely necessary or essential for something to function properly or to achieve a specific result.