Test Bank For Organizational Behavior 10th Edition All Chapters - 9780137687206.pdf

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Chapterg02g-gSpecializationgandgExchange


Chapterg02gS
pecializationgandgExchange




MultiplegChoicegQuestions


1. Theginvisibleghandgrefersgto:
A. thegcoordinationgthatgoccursgfromgeveryonegworkingginghisgorghergowngself-interest.
B. thegcoordinationgthatgoccursgfromgaggovernmentgagencygfindinggefficiencies.
C. thegcoordinationgthatgoccursgfromgeveryonegworkinggforgthegoverallggoodgofgsociety.
D. thegcoordinationgthatgoccursgfromgaggovernmentgcoordinatinggeconomicgactivity.


Accessibility:gKeyboardgNavigationg Bloo
ms:gUnderstand
Difficulty:gEasy
LearninggObjective:g02-
01gConstructgagproductiongpossibilitiesggraphgandgdescribegwhatgcausesgshiftsgingproductiongpossibilitiesgcurves.g Topic:g02-
01gThegOriginsgofgagT-Shirt



2. Thegconceptsgofgspecializationgandggainsgfromgtradegexplain:
A. internationalgtrade.
B. whygglobalizationghasgexpandedgrecently.
C. consumergdecisions.
D. bothginternationalgtradegandgthegchoicesgindividualsgmake.


Accessibility:gKeyboardgNavigationg Bloo
ms:gUnderstand
Difficulty:gEasy
LearninggObjective:g02-
01gConstructgagproductiongpossibilitiesggraphgandgdescribegwhatgcausesgshiftsgingproductiongpossibilitiesgcurves.g Topic:g02-
01gThegOriginsgofgagT-Shirt




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Chapterg02g-gSpecializationgandgExchange




3. Thegconceptgofgtheginvisibleghandgwasgfirstgintroducedgtogeconomicsgby:
A. DavidgRicardo.
B. AdamgSmith.
C. ThomasgMalthus.
D. MiltongFriedman.


Accessibility:gKeyboardgNavigationg Bloo
ms:gUnderstand
Difficulty:gEasy
LearninggObjective:g02-
01gConstructgagproductiongpossibilitiesggraphgandgdescribegwhatgcausesgshiftsgingproductiongpossibilitiesgcurves.g Topic:g02-
01gThegOriginsgofgagT-Shirt



4. Agproductiongpossibilitiesgfrontiergisgaglinegorgcurvegthat:
A. showsgallgthegpossiblegcombinationsgofgoutputsgthatgcangbegproducedgusinggallgavailabl
egresources.
B. showsgwhatgcangbegproducedgwhengallgavailablegresourcesgaregnotgefficientlygused.
C. showsgthegbestgcombinationsgofgoutputsgthatgcangbegproducedgusinggallgavailablegresources.
D. explainsgwhygsocietiesgmakegthegchoicesgtheygdo.


Accessibility:gKeyboardgNavigationg Bloo
ms:gUnderstand
Difficulty:gEasy
LearninggObjective:g02-
01gConstructgagproductiongpossibilitiesggraphgandgdescribegwhatgcausesgshiftsgingproductiongpossibilitiesgcurves.g Topic:g02-
02gProductiongPossibilities




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Chapterg02g-gSpecializationgandgExchange




5. Considergthegproductiongpossibilitiesgfrontiergdisplayedgingthegfiguregshown.gThegfactgth
atgtheglinegslopesgdownwardgdisplaysgwhichgeconomicgconcept?




A. Productiongpossibilities
B. Trade-offs
C. Specialization
D. Efficiency


Blooms:gApplyg D
ifficulty:gMedium
LearninggObjective:g02-
01gConstructgagproductiongpossibilitiesggraphgandgdescribegwhatgcausesgshiftsgingproductiongpossibilitiesgcurves.g Topic:g02-
03gDrawinggthegProductiongPossibilitiesgFrontier




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Chapterg02g-gSpecializationgandgExchange




6. Considergthegproductiongpossibilitiesgfrontiergdisplayedgingthegfiguregshown.gAgsocietygface
dgwithgthisgcurvegcouldgchoosegtogproduce:




A. A,gB,gorgD.
B. A,gB,gorgC.
C. A,gD,gorgC.
D. B,gC,gorgD.


Blooms:gApplyg D
ifficulty:gMedium
LearninggObjective:g02-
01gConstructgagproductiongpossibilitiesggraphgandgdescribegwhatgcausesgshiftsgingproductiongpossibilitiesgcurves.g Topic:g02-
03gDrawinggthegProductiongPossibilitiesgFrontier




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