Table 10-3 -Refer to Table 10-3. Taking into Account Private and External

question 232

Multiple Choice

Table 10-3
-Refer to Table 10-3. Taking into account private and external costs, the maximum total surplus that can be achieved in this market is

• A)$18.
• B)$38.
• C)$46.
• D)$55.

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Definitions:

Human Resource Audits

A comprehensive method of objectively and systematically assessing the effectiveness and efficiency of an organization's HR management practices and policies.

Replacement Summaries

Lists of likely replacements for each job and their relative strengths and weaknesses.

Replacement Charts

Tools used in human resource planning that visualize potential internal candidates for future job openings, indicating their current performance and readiness for promotion.

Strengths And Weaknesses

Attributes or aspects of an individual's personality, skills, or abilities that are considered positive (strengths) or negative (weaknesses).