Why Would a Report Card That Measures Inputs Possibly Lead

question 33

Multiple Choice

Why would a report card that measures inputs possibly lead to multitasking?

• A)Sellers would raise the price of goods with low quality inputs
• B)Consumers would only know the "ingredients" in a production process
• C)The cost of the report card would be passed on in lower product quality
• D)Sellers may invest only in reported inputs but scale back on unreported inputs
• E)Firms will not disclose poor report card scores

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Definitions:

Area

The extent or measurement of a surface or piece of land.

z

Often represents a standard score in statistics, indicating how many standard deviations an element is from the mean.

Standard Normal Distribution

The standard normal distribution is a normal distribution with a mean of 0 and a standard deviation of 1, used in probability theory to represent real-valued random variables with unknown distributions.

Mean

The average of a set of numbers, calculated by dividing the sum of these numbers by the count of the numbers.