Choose the Letter of the Curve in Figure 1

question 29

Multiple Choice

Choose the letter of the curve in Figure 1.2 that best represents a production possibilities curve for two goods for which there are constant opportunity costs:

• A)A
• B)B.
• C)C.
• D)D.

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Definitions:

Organization Design

The process of structuring and arranging the components of a system, company, or entity to effectively achieve its objectives and goals.

Centralization

The concentration of decision-making authority at the upper levels of an organization or system.

Decentralization

Refers to distributing the decision-making powers and leadership roles away from a central authority to more local or individual levels within an organization.

Authority

A capability to prescribe actions, make choices, and insist on obedience.