According to the Principle of Marginal Productivity, the Quantity of an Input

question 178

Multiple Choice

According to the principle of marginal productivity, the quantity of an input demanded depends on the

• A)price of the input.
• B)price of outputs in which the input is used.
• C)technology of production.
• D)All of the above are correct.

---

Definitions:

Credit Worthiness

refers to an assessment of the likelihood that a borrower can repay a loan or credit, based on their financial history and reliability.

Skills

Abilities or expertise acquired through practice and learning, which can be applied to achieve specific tasks or goals.

Routine Requests

Requests that follow established norms or procedures, typically for regular or administrative purposes.

Direct Approach

A communication method where the main points or message is presented straightforwardly and without delay.