The Department Responsible for Training Production Personnel Is The

question 16

Multiple Choice

The department responsible for training production personnel is the:

• A)Production department.
• B)Human resources department.
• C)Engineering department.
• D)None of the above.

---

Definitions:

Equilibrium Price

The price at which the quantity of a good supplied equals the quantity of the good demanded.

Equilibrium Quantity

The quantity of goods supplied is equal to the quantity of goods demanded at the market price.

Demand Shifts

Changes in the demand curve due to factors other than the price of the good, such as changes in income, tastes, or prices of related goods.

Quantity Demanded

The total amount of a good that consumers are willing and able to purchase at a specific price in a given period.