The Total Operating Costs Also Will Have a Significant Effect

question 20

Multiple Choice

The total operating costs also will have a significant effect on the capital acquisition. Which of the following are the principal operating variables that must be investigated?

• A) productivity
• B) durability
• C) dependability
• D) All the above
• E) "A" and "B" only

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Definitions:

Geographic Immobility

Refers to the inability or reluctance of labor force or resources to move from one location to another, often due to economic, social, or personal factors.

Compensating Differences

Wage differentials that are paid to workers to offset the undesirable aspects of a job or to compensate for risks associated with the job.

Divergence

The act or process of developing in different directions or deviating from a standard.

Compensating Differences

Wage differentials that compensate workers for undesirable job attributes, like risk of injury or undesirable hours.