Figure 11-2 ​

question 105

Multiple Choice

Figure 11-2
​
-An efficient allocation of resources exists if

• A)one group of people can get more of the things they want without someone else having to give up anything.
• B)no one can get more of the things he or she wants without someone else having to give up something.
• C)the economy operates at any point under the production possibilities frontier.
• D)the economy is operating at any point above the production possibilities frontier.

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Definitions:

Social Structural Characteristics

The organized patterns and systems within a society that determine social interactions, roles, and expectations.

Empowering Environment

A setting or culture that encourages individuals to take initiative, make decisions, and contribute actively to organizational goals.

Top-Down Supervisory

A management style where decisions and instructions flow from the top of the organizational hierarchy downward.

Coaches

Individuals who instruct, guide, and motivate others in developing skills, achieving personal or professional goals, and maximizing potential.