Four Groups-A, B, C, and D-Are Meeting Separately

question 57

Multiple Choice

Four groups-a, b, c, and d-are meeting separately. Each is making an important decision. Below is one quotation overheard from each group's meeting. Based on these quotations, which group seems least likely to fall victim to groupthink?

• A) "The good Lord is on our side."
• B) "This is not the time nor the place to bring up worst-case scenarios."
• C) "This has to be done right even if it takes us all day to decide."
• D) "The threat is very real and we must act decisively and unanimously."

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Definitions:

Labor-Intensive

A term describing industries or businesses that require a large amount of human labor relative to capital equipment to produce goods or services.

Comparative Advantage

The ability of a country, firm, or individual to produce a particular good or service at a lower opportunity cost than others, leading to more efficient trade outcomes.

PPCs (Production Possibility Curves)

Graphical representations that show the maximum possible output combinations of two goods that an economy can achieve when all resources are fully and efficiently utilized.

Specialization

The process of concentrating on and becoming expert in a particular subject or skill, often leading to increased efficiency and productivity.