The Figure Given Below Represents the Production Possibilities Curves [PPC]

question 82

Multiple Choice

The figure given below represents the production possibilities curves [PPC] of a country producing wine and cars.Figure 2.1

-If the general education level within a country rises significantly over time, it is likely that:

• A)the country will move to a different point along its current production possibilities curve.
• B)the country's production possibilities curve will not change in any way.
• C)the country's production possibilities curve will shift in.
• D)the country's production possibilities curve will shift out.
• E)the country's production possibilities curve will become convex to the origin.

---

Definitions:

Process Losses

The reduction in efficiency or effectiveness in the operations of a team or an organization, often due to group dynamics or procedural inefficiencies.

Organizational Goals

Are the specific objectives or targets that an organization aims to achieve, guiding its strategic planning and operational activities.

Effective Team

A group of individuals working together harmoniously towards a common goal, characterized by clear communication, mutual respect, and a strong cooperation ethic.

Member Needs

The requirements or desires of individuals within an organization that need to be met for them to be motivated and productive.