In an Israeli Factory,each Worker Can Produce 2/5 of a Shirt

question 28

Multiple Choice

In an Israeli factory,each worker can produce 2/5 of a shirt in an hour or 1/4 of a pair of pants in an hour.If there are 500 workers in the factory,then the maximum number of pairs of pants that can be made in an hour is

• A)120
• B)250
• C)75
• D)350
• E)300

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Definitions:

Loss Averse

A cognitive bias that describes why for individuals the pain of losing is psychologically about twice as powerful as the pleasure of gaining.

Benefits

The positive effects or advantages derived from a particular action, decision, or situation.

Status Quo

The existing state of affairs or the current condition, typically used in the context of social, political, or economic issues.

Avoid Risk

The strategy of minimizing exposure to potential losses or harm by carefully managing decisions and actions.