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While discussing the last batch of job candidates, Kailey asked Mike what he thought of the "smart looking woman in the blue suit." Mike replied, "I don't know. She said all the right things, communicated big plans, yet, she would not look me in the eyes and she rocked back and forth in her seat." In order for that candidate to get the job offer, the job candidate needed to consider
Bowed Out
A phrase indicating withdrawal or retreat from a competition, situation, or commitment.
Increasing Opportunity Costs
The economic concept that as production of a good increases, the opportunity cost of producing an additional unit of that good also increases.
Production Possibilities Schedule
A graphical representation that shows the different combinations of two goods or services that can be produced within a given time period, provided that available resources and technology are static.
Consumer Goods
Goods that are produced for direct consumption by the end user.
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