It Is Possible for an Economy to Increase Its Production

question 44

Multiple Choice

It is possible for an economy to increase its production of both goods if the economy

• A)moves downward and to the right along its production possibilities frontier and the frontier is bowed outward.
• B)moves upward and to the left along its production possibilities frontier and the frontier is bowed outward.
• C)moves in either direction along its production possibilities frontier and the frontier is a straight line.
• D)moves from a situation of inefficient production to a situation of efficient production.

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Definitions:

Ingratiation

A psychological strategy involving flattery or other forms of behavior to make oneself more likable or acceptable to others.

Impression Management

is the process by which individuals attempt to control or influence the perceptions others have of them.

Organizational Power

The control and influence held within an organization to shape policies, decisions, and culture.

Substitutability

The degree to which one element can replace another in performing a particular function or achieving a specific outcome.