Once You Have a Supervisor to Conduct a Performance Appraisal

question 37

True/False

Once you have a supervisor to conduct a performance appraisal there is no need to worry about anything else.

---

Definitions:

Unit of Labor

A measure of labor input, often referred to as one hour of work by an employee or worker.

Marginal Product

The additional output resulting from the use of one more unit of a production input.

Total Product

The total output of goods or services produced by a firm over a given period of time.

Marginal Product

Marginal product is the additional output gained from increasing one unit of a variable input, holding all other inputs constant, in the production process.