Examlex
The effect of training on job performance is measured by interviewing trainees and their co-workers, and by observing the trainees at work. At which of the following levels is evaluation occurring?
Marginal Product
The additional output produced as a result of utilizing one more unit of a particular input, holding all other inputs constant.
Labor Input
The total hours worked by employees or the effort exerted by workers in the production of goods and services.
Output
The total amount of goods or services produced within a given period by a firm, industry, or economy.
Returns To Scale
The change in output resulting from a proportional change in all inputs (factors of production) in the long term, indicating whether the output increases, decreases, or stays the same.
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