Which of the Following Explains Why Production Rises in Most

question 1

Multiple Choice

Which of the following explains why production rises in most years?

• A)increases in the labor force
• B)increases in the capital stock
• C)advances in technological knowledge
• D)All of the above are correct.

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Definitions:

Horizontal Structuring

Reflects the way the company subdivides itself.

Chain Of Command

The formal line of authority, communication, and responsibility within an organization.

Licensing

The granting of permission by an authority to an individual or entity to carry out certain activities that would be illegal without said permission.

Sociocultural Factors

The social and cultural influences that impact an individual's behavior, attitudes, and beliefs.