According to the Law of Increasing Costs,as a Textile Company

question 261

Multiple Choice

According to the law of increasing costs,as a textile company spends more money to eliminate dust particles from the workplace to increase worker safety

• A)the cost of reducing 70 percent of the dust in the factory will be the same as the cost of reducing the first 50 percent of the dust in the factory.
• B)the cost of reducing 70 percent of the dust in the factory will be less than the cost of reducing the first 50 percent of the dust in the factory.
• C)the cost of reducing 70 percent of the dust in the factory will be greater than the cost of reducing the first 50 percent of the dust in the factory.

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Definitions:

Inefficiency

The lack of ability to achieve the desired output with minimum input or to utilize resources in the best possible manner.

Subjective Experience

An individual’s personal perception, feelings, or experience of the world around them, emphasizing the importance of personal interpretation of events.

Dream Theory

A set of propositions and ideas proposed to explain the meaning, origin, and purpose of dreams in the human sleep cycle.

Circadian Rhythms

The natural, internal processes that regulate the sleep-wake cycle and repeat roughly every 24 hours.