​Match the Description Provided to a Desirable Skill or Desirable

question 64

Multiple Choice

​Match the description provided to a desirable skill or desirable personal quality in an employee.Note: Answers may be used more than once.
-​Planning/organization

• A)​skill
• B)​quality

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Definitions:

Diminishing Marginal

The principle that the marginal benefit of using or consuming one more unit of a good or service decreases as its quantity increases.

Rate

The speed at which a certain event occurs, often expressed as a quantity over time.

Substitution

The act of replacing one thing with another, especially a similar item, in response to changes in market conditions or personal preferences.

Convex Preferences

In microeconomics, a condition where consumers prefer a mix of goods over having only one good, illustrated by a convex shape of their indifference curves.