Which of the Following Statements Is True of Measurable, Quantitative

question 48

Multiple Choice

Which of the following statements is true of measurable, quantitative goals?

• A)​They provide opportunities for feedback about goal progress.
• B)​They focus attention on exactly what will be accomplished and inspire peak performance.
• C)​They enhance measurability.
• D)​They concentrate on an individual's internal expectancy to perform a specific task effectively.

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Definitions:

Decreasing-cost Industry

An industry where average costs of production decrease as the industry grows, often due to economies of scale.

Demand Curve

An economic representation that illustrates the quantity of a good that consumers are willing and able to buy at various prices, typically downward sloping from left to right.

Productive Efficiency

A state where goods are produced at the lowest possible cost, utilizing resources effectively without waste.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the number of units produced, showing the cost per unit of output.