Table 2-8 Table 2-8 Shows the Number of Labor Hours Required to of Labor

question 162

Multiple Choice

Table 2-8

Table 2-8 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-8.What is China's opportunity cost of producing one digital camera?

• A)0.04 pounds of wheat
• B)4 pounds of wheat
• C)25 pounds of wheat
• D)40 pounds of wheat

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Definitions:

Work Sample Test

A pre-employment assessment tool that requires applicants to perform tasks or work activities that mirror those they would encounter in the job.

Selection Decision

The process of choosing the most suitable candidate for a job position based on evaluation and assessment.

Predictive Validity

The extent to which applicants’ test scores match criterion data obtained from those applicants/employees after they have been on the job for an indefinite period

Interview Format

The structured or unstructured layout of questions and interaction during a job interview.