Examlex
The most common aspects measured when evaluating training are participants' reactions to the program, what the trainees learned from the program, and to what extent their on-the-job behavior or results changed as a result of the program.
Variable Cost
Costs that vary directly with the level of production or service provision, increasing as production increases and decreasing as production decreases.
Fuel Payments
Money expended to cover the cost of fuel, often in the context of transportation, heating, or energy production.
Total Output
The total quantity of goods or services produced by an economy or a firm within a specific period.
Marginal Product
The additional output produced by adding one more unit of a specific input, holding all other inputs constant.
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