Examlex
A company that presents its employees with custom-designed pins for five years of service to the company is employing which strategy of managing creative teams? a. quality resources
b. recogrition and rewards
c. flexibility
d. free time
Industry Supply Curve
A graphical representation that shows the relationship between the price of a good and the total output of that good by all firms in the industry.
Diminishing Returns
A principle stating that as one factor of production increases while others remain fixed, there will eventually be a decrease in the incremental output gained.
Normal Rate
A standard or usual level of financial return on investment or interest on loans.
Supply
The total amount of a product or service that is available to consumers at a given price over a specific period.
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