Suppose That a Bakeshop with 5 Employees Can Produce Both

question 92

Multiple Choice

Suppose that a bakeshop with 5 employees can produce both pies and cakes.In one day,if all resources are devoted to baking pies,the shop can produce 125 pies; if all resources are devoted to baking cakes,the shop can produce 50.What is the shop's opportunity cost of producing any one pie?

• A)125 pies
• B)0.4 cakes
• C)2.5 pies
• D)0.4 pies
• E)50 cakes

---

Definitions:

Social Role

A set of behaviors, rights, obligations, beliefs, and norms expected from an individual or recognized position within a social system.

Time Management

The process of organizing and planning how to divide one's time between specific activities efficiently.

Prioritizing Goals

The process of determining the relative importance of various goals and deciding which to focus on first, based on their significance and urgency.

Interrole Conflict

A form of conflict that arises when an individual faces competing expectations or demands from different roles they play in their life or work.