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

question 34

Multiple Choice

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

-Refer to Figure 2.1. If the country's PPC curve is curve II, then:

• A)points D and E use all of the resources.
• B)point A is unattainable.
• C)point D represents an under-utilization of resources.
• D)point E represents a state of unemployment.
• E)it is not possible to produce at curve I because wine is cheaper than cars.

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Definitions:

Inclusive Culture

An organizational environment that values diversity, where every individual feels respected, is treated fairly, and has equal opportunities.

Leader Behavior

The actions and attitudes displayed by a leader that influence the group's performance and the organizational culture.

Policy Statements

Formal declarations issued by a company or organization to communicate principles, intentions, and guidelines on how it manages and conducts business.

Edgar Schein

A prominent organizational psychology and management professor, known for his contributions to organizational culture and leadership.