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.

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Definitions:

Tertiary Intention

refers to a wound management strategy where the wound is intentionally left open to allow it to drain and then closed later, typically used for contaminated wounds.

Secondary Intention

Healing by Secondary Intention refers to the process where a wound heals from the bottom up, typically used for larger, infected, or wounds with missing tissue.

Optimum Irrigation

The ideal or most favorable amount and method of applying water for agricultural or medical purposes.

Steroid Medications

Drugs derived from steroids, often used to reduce inflammation and treat autoimmune conditions.