Which of the Following Is Assumed in Constructing a Typical

question 160

Multiple Choice

Which of the following is assumed in constructing a typical production possibilities curve?

• A)the economy is using its resources inefficiently.
• B)resources are perfectly shiftable among alternative uses.
• C)production technology is fixed.
• D)the economy is engaging in international trade.

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Definitions:

Evaluating Performance

The process of assessing the effectiveness and efficiency of an individual's or organization's work outcomes and methods.

Forming Stage

Focuses around the initial entry of members to a team.

Team Development

The process of improving collective performance through enhancing interpersonal relations, clarifying team roles, and solving team problems.

Acceptable Behavior

Conduct that is deemed appropriate or conforming to the norms and standards established by a society, organization, or group.