The Term "Value Added" Refers to the Contribution of Factors

question 34

True/False

The term "value added" refers to the contribution of factors of production to the value of a final product or service.

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Definitions:

Cloth Mother

An experimental apparatus used in psychology to demonstrate the importance of caregiving and attachment in infant monkeys.

Provision of Nourishment

The act of supplying food or other substances necessary for growth, health, and good condition.

Imprinting

A form of learning occurring at a particular life stage that is rapid and apparently independent of the consequences of behavior.

Younger Sister

A female sibling who is born after another sibling, denoting her relative age position within the family.