Which Would Be Least Likely to Cause the Production Possibilities

question 30

Multiple Choice

Which would be least likely to cause the production possibilities curve to shift to the right?

• A) An increase in the labour force.
• B) Improved methods of production.
• C) An increase in the education and training of the labour force.
• D) A decrease in unemployment.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposing that human needs form a five-tier model of hierarchy, from basic physiological needs to self-actualization.

Job Enrichment

Enhancing a job's meaningfulness and engagement through redesigning tasks to increase responsibility and autonomy.

Horizontal Loading

The process of increasing the variety of tasks and responsibilities of an employee at the same level of the organization, without necessarily increasing their authority or compensation.

Mass Production

A method of manufacturing large quantities of products quickly and efficiently using assembly line techniques and standardized parts.