John,who works for an insurance company,has the capacity to sell fifteen insurance policies a day.However,he sells only ten insurance policies a day.This is a typical example of ________.
A)information asymmetry
B)glass ceiling effect
C)inefficiency
D)ecological fallacy
E)functional chimneys problem

Question

Quizplus · Accepted Answer

This is an example of inefficiency as John is not performing to his maximum capacity and potential by only selling 10 insurance policies a day instead of 15.

John,who Works for an Insurance Company,has the Capacity to Sell