Use the Following to Answer Questions

question 208

Multiple Choice

Use the following to answer questions:
Scenario: Linear Production Possibility Frontier
Largetown has a linear production possibility frontier, and it produces socks and shirts with 80 hours of labor. The table shows the number of hours of labor necessary to produce one pair of socks or one shirt.
-(Scenario: Linear Production Possibility Frontier) Look at the scenario Linear Production Possibility Frontier. If Largetown's labor resource decreases by 40 hours, the opportunity cost of producing shirts:

• A)increases.
• B)decreases.
• C)does not change.
• D)may or may not change depending upon the number of pairs of socks it wishes to produce.

---

Definitions:

Relevance

The degree to which something is related or useful to what is happening or being talked about.

Courtesy Interviews

A type of interview conducted more out of politeness or to gather information rather than for the purpose of hiring.

Selection Process

A series of specific steps used by an employer to decide which recruits should be hired.

Immediate Supervisors

Individuals who have direct managerial oversight over other employees, often responsible for day-to-day supervision.