Which of the Following Answers Counts as Nonmarket Production

question 45

Multiple Choice

Which of the following answers counts as nonmarket production?

• A) A stay-at-home spouse cooks and cleans.
• B) You paint your own garage.
• C) You clean up your local park.
• D) Each of these answers describes a form of nonmarket production.

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Definitions:

Formalization

The extent to which an organization's policies, procedures, job descriptions, and rules are written and explicitly articulated.

Creativity

The ability to produce original and valuable ideas or solutions.

Centralization

The degree to which decisions are made at the top of the organization.

Simple Structure

A centralized form of organization that emphasizes a small technical and support staff, strong centralization of decision-making in the upper echelon, and a minimal middle level.