Refer to the Information Provided in Figure 4

question 108

Multiple Choice

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow. Figure 4.1
-Refer to Figure 4.1. If the United States levies no taxes on apples, the price of apples in the United States would fall to ________, and the United States would import ________.

• A) 20 cents per apple; 10 million apples per day
• B) 30 cents per apple; 6 million apples per day
• C) 40 cents per apple; 2 million apples per day
• D) The price of apples in the United States after the U.S. government eliminated all taxes on imported apples cannot be determined from this information.

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Definitions:

Work Sampling

A statistical method used to estimate how much time is spent on different activities, by taking random samples and observing at those times.

Time Studies

The process of measuring the time required to complete work tasks, often for the purpose of improving efficiency or setting time standards.

Flexible Workweek

An alternative work arrangement allowing employees to choose their working hours within agreed-upon limits.

Shifts

Changes or movements in personnel, time periods for work, or positions, often referring to the scheduling of work periods.