Scenario: Jim, Pam, Michael, and Angela All Worked for a Paper

question 112

Multiple Choice

Scenario: Jim, Pam, Michael, and Angela all worked for a paper company until the company went out of business. Jim was a salesman, Pam was a receptionist, Michael was the manager, and Angela was an accountant. Once the company went out of business, they all had to look for and consider other work opportunities.
-Refer to the scenario above.If none of them are willing to accept a new job with lower pay than they had at the paper company,which person is most likely going to have the most difficult time finding a new job?

• A) Jim
• B) Pam
• C) Michael
• D) Angela

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Definitions:

Supply Determined

A scenario where the quantity of goods available in the market is primarily dictated by the supply side, rather than consumer demand.

Spruce Goose

The nickname for the Hughes H-4 Hercules, famously known as the largest wooden airplane ever constructed and flown only once.

Fixed in Supply

Pertains to goods or resources that have a limited or unchangeable quantity available, regardless of demand.

High-Speed Rail

A type of rail transport that operates significantly faster than traditional rail traffic, using specialized rolling stock and dedicated tracks.