Which of the Following Would Be Identified as a Form

question 7

Multiple Choice

Which of the following would be identified as a form of cooperative training?

• A) simulations where the trainee interacts with sophisticated virtual reality software
• B) an e-learning program in which the trainee interacts with the trainer and other trainees via a blog
• C) on-the-job training wherein a supervisor works closely and continuously with subordinates
• D) a community college program in solar panel installation partnering with solar panel installation companies

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Definitions:

Marginal Product

The additional output produced as a result of using one extra unit of a particular input.

Average Product

Average Product is the output produced, on average, by each unit of a variable factor of production, such as labor, calculated by dividing total product by the number of variable input units used in production.

Total Product

The total quantity of output produced by a firm for a given quantity of inputs over a specified period.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.