Which of the Following Is True of the Several Options

question 39

Multiple Choice

Which of the following is true of the several options available to reduce expected labor surplus?

• A)Early retirement causes relatively less human suffering.
• B)The human suffering after pay reduction is relatively low.
• C)Retraining causes comparatively more human suffering than other options.
• D)A hiring freeze causes immense human suffering.
• E)Transfers cause the least amount of human suffering.

---

Definitions:

Quality Circle

A group of workers who voluntarily meet to discuss and propose solutions to workplace problems, focusing on the quality of products or processes.

Task Force

A temporary group of people formed to achieve a specific objective, often to solve a particular problem or to complete a critical task.

Task Force Members

Individuals assembled into a temporary group to accomplish a specific objective or to address a particular problem.

Vested Interest

refers to a personal stake or concern in an existing system or entity that can affect an individual's or group's decisions and actions due to the potential gain or loss.