Figure 2-3 Shows the Production Possibilities Curve of an Economy

question 93

Multiple Choice

Figure 2-3 shows the production possibilities curve of an economy in the production of food and clothing. If the economy operates at Point A on the production possibilities curve shown above, then:Figure 2-3

• A)it cannot increase its output of food.
• B)it cannot increase its output of clothing.
• C)it cannot simultaneously increase its output of both food and clothing.
• D)it is not utilizing its resources inefficiently.
• E)it cannot decrease its output of food.

---

Definitions:

Team Members

Individuals who are part of a group collaborating towards a common goal, each contributing with their unique skills and abilities.

Team Paradox

The complex and often contradictory challenges that teams face, requiring the balancing of diverse opinions, goals, and personalities for success.

Self-Managing Teams

Groups of workers who are given the autonomy to plan, execute, and monitor their own work without the direct supervision of management.

Role Conflict

This refers to a situation where an individual faces incompatible demands or expectations from different roles they are required to perform, leading to stress or dilemma.