Refer to the Information Provided in Figure 4

question 108

Multiple Choice

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow. Figure 4.1
-Refer to Figure 4.1. If the United States levies no taxes on apples, the price of apples in the United States would fall to ________, and the United States would import ________.

• A) 20 cents per apple; 10 million apples per day
• B) 30 cents per apple; 6 million apples per day
• C) 40 cents per apple; 2 million apples per day
• D) The price of apples in the United States after the U.S. government eliminated all taxes on imported apples cannot be determined from this information.

---

Definitions:

Inverted Organizations

Organizations where decision-making authority and power are decentralized to the lower levels of the organizational hierarchy, closer to the customer.

Leaderless Three-Person Teams

Small groups operating without a formal leader, emphasizing collective decision-making and responsibility.

Circular Organizations

Circular Organizations are companies that adopt a circular economy model, aiming to eliminate waste and continually use resources through recycling, reusing, and refurbishing.

Numerical Quotas

Predetermined numbers or percentages used to manage and control the composition or output of something, often used in employment or education settings for diversity purposes.