In One Week, Mohammed Can Knit 5 Sweaters or Bake

question 5

Multiple Choice

In one week, Mohammed can knit 5 sweaters or bake 240 cookies.The opportunity cost per sweater for Mohammed is

• A)$240
• B)240 cookies
• C)48 sweaters
• D)1/48 of a cookie
• E)48 cookies

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Definitions:

External

Factors, influences, or conditions that exist outside an organization which can impact its operations and strategies.

Personal Predispositions

Innate tendencies, characteristics, or inclinations that influence an individual's behavior or attitudes.

Affective Events Theory

A theory that proposes that workplace events cause emotional reactions on the part of employees, which then influence workplace attitudes and behaviors.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.