An Increase in Total Factor Productivity

question 37

Multiple Choice

An increase in total factor productivity

• A) changes neither the slope nor the position of the production function.
• B) changes the slope but not the position of the production function.
• C) changes the position but not the slope of the production function.
• D) changes both the slope and the position of the production function.

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Definitions:

Selection Tool

Instruments or techniques used by organizations to evaluate and choose the best candidates for a job.

Work Behaviour

Describes the actions and attitudes of individuals and groups within a workplace, influencing productivity, efficiency, and workplace culture.

Drug Testing

refers to the process of testing employees or job applicants for the use of illegal substances as a condition of employment or continued employment.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a strong sense of duty and responsibility.