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Kroger Used Infrared Cameras to Count the Number of Customers

question 88

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Kroger used infrared cameras to count the number of customers in its stores and waiting at checkout registers. Which of the following characteristics of information does this best represent?


Definitions:

Wage Rate

The amount of money paid to an employee per unit of time, which can be hourly, daily, or annually.

Total Product

The overall amount of products made by a company within a specific timeframe.

Marginal Product

The additional output produced by using one more unit of a variable input, holding other inputs constant.

Labor Input

The amount of work or effort provided by employees or workers that is used in the production of goods and services.

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