Which of the Following Is Characteristic of Authority-Compliance Management

question 2

Multiple Choice

Which of the following is characteristic of Authority-Compliance Management?

• A)high concern for results,high concern for people
• B)high concern for results,low concern for people
• C)low concern for results,low concern for people
• D)low concern for results,high concern for people
• E)medium concern for results,medium concern for people

---

Definitions:

Market Clearing Price

The price at which supply equals demand in a market, leading to no unsold surplus or shortages.

Market Clearing Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded; also known as the equilibrium price.

Quantity Demanded

The quantity of a product or service buyers are prepared and capable of buying at a specific price.

Quantity Supplied

This term refers to the total amount of goods that sellers are ready to sell in the market at a certain price point, within a defined time frame.