Since English Is Widely Used as a Major Language of Business

question 76

True/False

Since English is widely used as a major language of business all over the world, knowledge of foreign languages plays only a small factor in the success of Canadian expatriates overseas.

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Definitions:

Total Product

The total output or production achieved by a firm with a given amount of resources.

Average Product

The output per unit of input, calculated by dividing the total product by the quantity of input, reflecting the efficiency of production.

Marginal Product

The additional output resulting from the use of one more unit of a particular input, holding other inputs constant.

Total Product

The total output produced by a firm or within an economy.