Production Possibilities (Alternatives) Refer to the Above Table

question 244

Multiple Choice

Production possibilities (alternatives) Refer to the above table.As compared to production alternative D, the choice of alternative C would:

• A)tend to generate a more rapid growth rate.
• B)be unattainable.
• C)entail unemployment.
• D)tend to generate a slower growth rate.

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Definitions:

Goal

A desired result or outcome that a person or organization aims to achieve.

Objective

A goal or target that is clearly defined and can be measured or evaluated.

Expectancy Theory

A theory in psychology that explains the motivational strength as being determined by the perceived likelihood of success and the value of the outcome.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive unit of work to enhance job satisfaction and performance.