Over a Five-Year Span,the ABC Co

question 91

Multiple Choice

Over a five-year span,the ABC Co.reduced the amount of labor it hired.At the same time,the marginal productivity of labor increased.Which of the following COULD explain this observation?

• A) the law of diminishing marginal returns
• B) labor saving technical change
• C) organizational innovation
• D) All of the above.

---

Definitions:

Expected Revenue

The anticipated amount of money a company expects to receive from its activities over a period, based on forecasted sales volumes and selling prices.

Thought-Activated

Technology or systems that are controlled by the user's thoughts or brain signals, often used in assistive devices and interfaces.

Expected Revenue

The projected amount of money a company anticipates generating from the sales of goods or services over a certain period.

Charge

The amount of money that is asked in exchange for goods or services.