In an Industry,a Unit of Output Can Be Produced by 3

question 48

Multiple Choice

In an industry,a unit of output can be produced by 3 unskilled workers or by 1 skilled worker.From this information,skilled and unskilled workers are

• A) gross complements.
• B) substitutes-in-production.
• C) complements-in-production.
• D) gross substitutes.

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Definitions:

Communicative Skills

The ability to convey or exchange information effectively, whether through speaking, writing, or another form of communication.

Managerial Responsibility

The obligation of managers to make decisions and oversee an organization's resources and operations in an ethical, effective, and lawful manner.

Technical Skills

refer to the abilities and knowledge needed to perform specific tasks, often involving mechanical, informational, or scientific tasks.