Which of the Following Is a Positive Economic Statement

question 127

Multiple Choice

Which of the following is a positive economic statement?

• A)The standard of living in Canada should be higher.
• B)If the price of iPhones falls, a larger quantity of iPhones will be purchased.
• C)The government should restructure the health care system.
• D)The Ontario government should not have bailed out Canadian auto manufacturers.

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Definitions:

Divisionalized Form

An organizational structure where operations are segmented into semi-autonomous divisions, each focused on a particular product line or geographic area.

Departmentalization

The process of dividing an organization into different departments or units, each specializing in certain tasks or functions.

Team-Based Structures

Team-based structures are organizational arrangements where work is coordinated and carried out primarily through teams rather than traditional hierarchical lines.

Divisionalized Structures

An organizational structure where operations are segregated based on products, services, markets, or geographical locations.