An Increase in Which of the Following Variables Should Cause

question 60

Multiple Choice

An increase in which of the following variables should cause an increase in profit per unit of capital?

• A)total wages and salaries
• B)total sales
• C)the capital stock
• D)the ratio of total sales to the capital stock
• E) the ratio of total sales to total wages and salaries

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Definitions:

Productivity Factors

Refer to the various elements that can influence the efficiency and output of production in an economy, including technology, labor skills, capital goods, and innovation.

Specialized Skill

A high level of proficiency in a specific type of work or activity, which typically requires significant training and experience to develop.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, or other non-job-related factors.

Similar Productivity Characteristics

Refers to entities or products that share common features in terms of efficiency, output, or performance.