The Automobile Revolution of the 1920s Brought to Los Angeles

question 6

Multiple Choice

The automobile revolution of the 1920s brought to Los Angeles

• A)a lower population density than any other large U.S.city.
• B)an enormous increase in tourism.
• C)the modern supermarket.
• D)all of the above

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Definitions:

Training

The process of enhancing the skills, capabilities, and knowledge of employees for the purpose of improving their job performance.

Managers

Individuals responsible for controlling or administering an organization or group of staff.

Marginal Revenue Product

The extra revenue generated by employing one more unit of a factor, such as labor or capital, holding other factors constant.

Variable Factor

An input whose quantity can change depending on the level of production or the scale of operations in the short run.