Suppose a Manager's Preferences Depend Only on Profit

question 129

Multiple Choice

Suppose a manager's preferences depend only on profit. Such a manager will then have an indifference curve that:

• A) is tangent to the profit curve somewhere between quantities of 0 and 2.5.
• B) is tangent to the profit curve somewhere between quantities of 2.5 and 5.
• C) is tangent to the profit curve at a quantity exactly equal to 2.5.
• D) intersects the profit curve at a quantity exactly equal to 5.

---

Definitions:

Organisation

An entity comprising multiple people, such as an institution, association, or business, working together to achieve a common goal or set of objectives.

Self-Managed Teams

Groups of employees who collectively assume responsibility for organizing, controlling, and supervising their own work activities.

Job Satisfaction

The level of contentment employees feel with their job roles, responsibilities, and work environment.

Quality of Service

The assessment of how well a delivered service matches the expectations of the customer.