The Amount of Goods and Services Produced from Each Unit

question 66

Multiple Choice

The amount of goods and services produced from each unit of labor input is called

• A)opportunity cost.
• B)productivity.
• C)externality.
• D)marginal benefit.

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Definitions:

Bonus

Additional compensation given to employees or stakeholders beyond the standard payment expectations.

Ownership Interest

The proportion of a company or property owned by an individual or entity, often represented as a share of equity.

Capital Balances

The amounts of money invested by owners or shareholders in a company, reflecting the net assets owned by the investors.

Profit Sharing

A company policy of distributing a portion of its profits to its employees as a form of bonus or incentive.