Suppose That Output Is Worth $400, and Labor and Materials

question 23

Multiple Choice

Suppose that output is worth $400, and labor and materials costs are $200 and $100, respectively. What is the materials productivity?

• A) 2.00
• B) 1.33
• C) 0.25
• D) 0.75
• E) 4.00

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Definitions:

Expensive Extra Equipment

Items or tools that are not included with the basic package of a product and are often high in price.

Test Drive

A trial use of a car before purchase, allowing potential buyers to experience the vehicle's performance, features, and suitability for their needs.

Foot-In-The-Door Approach

A persuasion technique that involves getting a person to agree to a small request to increase the chances that they'll agree to a larger request later.

Abnormal Behavior

Refers to patterns of emotion, thought, and action deemed pathological for one or more reasons, including being unusual, causing distress, or violating societal norms.