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Which of the following statements about productivity is false?
a) the law of diminishing returns states that, all else equal, returns to one type of input eventually decrease as more of that input is used.
b) At low levels of production, when a firm first adds extra worker it increases marginal productivity because of specialization.
c) Diseconomies of scale arise due to managerial complexity
d) Economies of scale cause the long-run supply curve to have a negative slope.
The given set of questions test your understanding about knowledge (K), skills (S), abilities (A) and the other personal characteristics (O) in the job analysis.
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Owner, impatient at waiting from word from Andy, offered Brenda $1,000 if Brenda would promise to repair the roof at the cottage.
Which statement best describes the bull’s head lyre found in an ancient Sumerian tomb?
For each of the products and activities given below: (a) recognize the values most suitable to their purchase and use (b) find out whether these values encourage or discourage use or ownership.
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As part of the initial screening for possible employment, a nuclear power company administers a psychological test that yields scores on tendencies toward depression, schizophrenia, and psychasthenia. What is the name of this psychological test?
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