Which of the Following Is an Example of Technical Training

question 18

Multiple Choice

Which of the following is an example of technical training?

• A) Michael has to attend a training session that will help his team make effective decisions, troubleshoot quickly, and communicate better.
• B) Mr. Jones has recently incorporated a training module to enhance the interpersonal skills of his new employees as it will add value to their performance.
• C) Nicole has recently joined a supermarket as a cashier and much of her training involves learning how to bill goods quickly and correctly for customers.
• D) All employees who join McAdams Hot Meals, a restaurant chain, have to attend training to understand the special implications that ethics have in a food industry.
• E) An industrial chemical plant on the suburbs conducts training to ensure that employees are protected from injuries caused by work-related accidents.

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Definitions:

Producer Surplus

The difference between the amount producers are willing to sell a good for and the actual amount they receive due to market price.

Good X

An unspecified product or commodity in economics, used in theoretical models and discussions.

Producer Surplus

The difference between the actual price producers receive for a product and the minimum price they would accept.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity supplied by producers.