Use the Following to Answer Question

question 32

Multiple Choice

Use the following to answer question:

-(Figure: Strawberries and Submarines) Use Figure: Strawberries and Submarines.Suppose the economy now operates at point C.Moving to point E would require that the economy:

• A)achieve full employment and an efficient allocation of resources.
• B)eliminate its production of strawberries.
• C)reduce its production of submarines.
• D)improve its technology or increase its quantities of factors of production.

---

Definitions:

Theory X

A management theory assuming that employees are inherently lazy and will avoid work if they can, implying that a strict control and supervision are necessary.

Type A Personality

A temperament characterized by high levels of competitiveness, self-motivation, aggressiveness, impatience, and a sense of urgency, often linked to stress and achievement in careers.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, leading to greater sales or margins and/or retaining more customers.

Union Avoidance

Strategies employed by employers to prevent the formation of unions and avoid collective bargaining, often focusing on employee satisfaction.