One of the Fundamental Ways in Which Companies Can Try

question 46

Multiple Choice

One of the fundamental ways in which companies can try directly to increase productivity is by:

• A)increasing the amount of input required to produce a given output
• B)selling smaller quantities of goods to decrease capacity
• C)decreasing the value of the output produced by a given amount of input
• D)consolidating operations to better leverage economies of scale

---

Definitions:

Other-Race Effect

A phenomenon where individuals find it easier to recognize faces of their own race compared to faces from other races.

Implicit Prejudice

Unconscious biases or attitudes towards certain groups of people, which can influence behavior without the individual being aware of them.

Social Trap

Situations in which a group or individual acts in a way that leads to mutual harm, often as a result of conflicting short-term interests and long-term benefits.

Home Thermostats

Devices used to regulate the temperature within a home or building by controlling heating and cooling systems.