FIGURE 1- 5

question 96

Multiple Choice

FIGURE 1- 5
-Refer to Figure 1- 5.Suppose that the relevant production possibilities boundary is the one labelled B.This boundary implies that

• A)consumer goods are preferred to capital goods.
• B)the concept of opportunity cost is not at work in this economy.
• C)capital goods are preferred to consumer goods.
• D)the opportunity cost of producing either capital goods or consumer goods does not depend on how much of each good is produced.
• E)in this society the resources are not efficiently employed.

Identify the major causes of workplace deaths and the significance of workplace safety.

Know the qualification requirements for job applicants and the relevance of job specifications.

Understand the ethical and legal considerations in hiring decisions and the concept of employment discrimination.

Recognize the legal framework governing industrial relations in Australia and New Zealand.

---

Definitions:

Series Circuits

Electrical circuits in which components are connected end-to-end, so that there is only one path for current flow.

Voltage Drop

The reduction in voltage in a part of a circuit due to resistance or impedance, seen in the difference in voltage across a component or conductor.

Santa Elena

A historical Spanish settlement and military fort on Parris Island in present-day South Carolina, notable during the 16th century as part of Spain's effort to colonize the southeastern U.S.

Spanish Settlement

A community or region established in a new area by Spaniards.