Improvements in Output Per Worker

question 35

Multiple Choice

Improvements in output per worker

• A)Depend only on increases in the quantity of capital equipment.
• B)Depend only on increases in the quality of capital equipment.
• C)Depend in large part on increases in the quality of capital equipment and the quantity of capital equipment per worker.
• D)Do not depend on increases in the quantity of capital equipment or the quality of capital equipment.

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Definitions:

Contractual Rights

Legal entitlements inherent in a contract that allow parties to perform or enforce the terms agreed upon.

Assignment Situations

Circumstances in which rights or duties under a contract are transferred from one party to another.

Assignability

The capability of a contract or right to be transferred from one party to another.

Contractual Obligations

Refers to the legally enforceable promises and duties that parties agree upon in a contract.