According to the Traditional View, in What Direction Is the Slope

question 189

Multiple Choice

According to the traditional view, in what direction is the slope of the production function, with capital per worker on the horizontal axis and output per worker on the vertical axis?

• A) The slope is positive and becomes steeper as capital per worker rises.
• B) The slope is positive and becomes flatter as capital per worker rises.
• C) The slope is constant.
• D) The slope is negative and becomes steeper as capital per worker rises.

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Definitions:

Status Quo Manager

A leader who prefers maintaining current operating conditions and resists changes to the existing systems or processes.

Innovative Ideas

Novel concepts or solutions that result from creative thinking and provide advances in various fields.

Traditional Way

The traditional way refers to customary methods or practices that have been established over time, often contrasted with modern, innovative approaches.

Incremental Change

The process of change that bends and adjusts existing ways to improve performance.