Total Output Per Worker Is Also Called

question 17

Multiple Choice

Total output per worker is also called:

• A) marginal product.
• B) average product.
• C) total product.
• D) variable product.

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Definitions:

Production Orientation

A marketing strategy in which the firm focused on efficient processes and production to create quality products and reduce unit costs.

Sales Orientation

A business approach that focuses on selling as many products as possible, prioritizing sales volume over the satisfaction or needs of the customer.

Competitors

Companies or individuals that offer similar products or services within the same market, vying for the same customer base.

Marketing Concept

The business ideology that focuses on identifying and meeting the needs and wants of customers through the product or service being sold.