Aptitude Is (1) the Native Skills and Abilities a Person

question 50

Multiple Choice

Aptitude is (1) the native skills and abilities a person brings to the job, (2) the physical and mental capabilities of a person, and (3) the personality characteristics a person has for people-oriented jobs. Which statements are correct?

• A) All three statements are correct.
• B) Only statements 1 and 2 are correct.
• C) Only statements 1 and 3 are correct.
• D) Only statements 2 and 3 are correct.
• E) Only statement 3 is correct.

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Definitions:

Per-Unit Burden

Represents the tax amount charged on each unit of a good or service, reflecting the financial impact of taxes on production and consumption.

Tax

Compulsory charges levied by a government on individuals or corporations to finance government activities and public services.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive due to market prices.

Producer Surplus

Producer surplus is the difference between what producers are willing to accept for a good or service versus what they actually receive, usually measured at points above the supply curve.