Which of the Following Statements Is True of Closed Skills

question 19

Multiple Choice

Which of the following statements is true of closed skills?

• A) They require the trainee to adapt the general principles to fit a wide range of circumstances.
• B) They refer to training objectives that are linked to general learning principles.
• C) They refer to skills that are to be identically produced by the trainee on the job.
• D) They are more difficult to train than open skills.

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Definitions:

Pure Competition

A market structure characterized by a large number of small firms, homogeneous products, and easy entry and exit, leading to price taking behavior.

Long Run

A period in which all inputs can be adjusted by firms, allowing new firms to enter or exit the industry.

Constant-cost Industry

An industry where the input prices and costs of production do not change as the industry output changes.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied at those prices.