Figure 10-11 -Refer to Figure 10-11. on the

question 183

Multiple Choice

Figure 10-11
-Refer to Figure 10-11. On the

• A) 390th unit of output, private value exceeds private cost.
• B) 390th unit of output, private value exceeds external value.
• C) 450th unit of output, private value exceeds social value.
• D) 450th unit of output, private cost exceeds social value.

---

Definitions:

Cross-functional Team

A cross-functional team is composed of members from different departments or specialties working together towards a common objective.

Diversity

represents the range of different characteristics and attributes among people, including but not limited to race, ethnicity, gender, age, or sexual orientation.

Functional Background

The experience or knowledge a person has in specific areas or fields of work.

Executive Team

A group of high-level managers or leaders within an organization responsible for making strategic decisions.