Using Figure 4

question 87

Multiple Choice

Using Figure 4.1, suppose that point B represents the optimal mix of output for a society.If market forces cause society to produce and consume at point C, then

• A) There is government failure.
• B) The forces of supply and demand will return society to point B.
• C) Points A and D are unattainable with the given resources and technology.
• D) There is market failure.

---

Definitions:

Functional Subcultures

Distinct cultures that develop within an organization’s departments, shaped by specific functions and professional backgrounds of their members.

Functional Subcultures

Groups within an organization that share specific values, norms, and behaviors related to their particular roles or functions.

Salaried Professionals

Individuals employed in a professional capacity on a salary basis, often not eligible for overtime and in positions requiring specialized knowledge or qualifications.

Multicultural Organizations

Organizations that recognize, celebrate, and integrate diversity from various cultures in their policies, practices, and workplace dynamics.