Total Factor Productivity Equals _____________

question 93

Multiple Choice

Total factor productivity equals _____________.

• A) raw materials divided by labor costs
• B) all inputs divided by outputs
• C) outputs divided by all inputs
• D) outputs times all inputs
• E) marketing costs divided by labor costs

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Definitions:

Intelligence

The capacity to learn, understand, and apply knowledge, solve problems, and adapt to new situations.

Reinforcement

In behavioral psychology, a process by which a behavior is strengthened or increased by following it with a positive stimulus or the removal of a negative one.

Vicarious Learning

A learning process where individuals learn by observing the actions and outcomes of others, rather than through direct experience.

Insight Learning

The process of learning how to solve a problem or do something new by applying what is already known.