Maura Has Been Described as a Type A, While Dean

question 18

Multiple Choice

Maura has been described as a Type A, while Dean is a Type B. Which of the following statements best describes how Maura and Dean would act in the workplace?

• A) Maura is more patient than Dean is when it comes to receiving instructions for a sales presentation.
• B) Dean is more likely to become angered before Maura when both are told they have to work Memorial Day weekend.
• C) Dean is more detail-oriented than Maura and more likely to be upset when the details of a contract are not adhered to.
• D) Maura is less concerned about noncompliance than Dean when they are both assigned the duty of team leaders of two competing sales teams.
• E) None of the above statements about Dean and Maura is correct.

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Definitions:

Allocative Efficiency

A state where resources are allocated in a way that maximizes the net benefit to society, with products being produced at a quantity where the price equals marginal cost.

Consumer Surplus

The contrast between the total payment consumers are willing and financially able to make for a good or service and the amount they truly pay.

Producer Surplus

The discrepancy between the price producers agree to sell a good for and the price they actually end up receiving.

Economic Efficiency

A condition in which resources are allocated in the most effective way possible, maximizing outputs from given inputs without waste.