The Introduction of Automatic Elevator Equipment Allowed Firms to Handle

question 102

Multiple Choice

The introduction of automatic elevator equipment allowed firms to handle the movement of people in a multistory building at less cost, thus decreasing the demand for elevator operators. The best explanation for this change is that the

• A) marginal product of elevator operators was equal to its price.
• B) marginal product of automatic elevator equipment was equal to its price.
• C) marginal product of automatic elevator equipment divided by its price was greater than that for elevator operators.
• D) marginal product of elevator operators divided by its price was greater than that for automatic elevator equipment.

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Definitions:

Relationship Conflict

Relationship conflict involves personal, emotional tensions and animosities among individuals working together, often leading to decreased team cohesiveness and performance.

Team Performance

The extent to which a team meets its objectives, characterized by factors such as efficiency, quality of work, and achievement of goals.

Conflict Detrimental

Situations where disagreement or discord has a negative impact on performance or relationships.

Task Conflict

A situation in which there are disagreements or differences of opinion among group members regarding the content and outcomes of the task being performed.