FIGURE 3-5 Refer to Figure 3-5

question 130

Multiple Choice

FIGURE 3-5 Refer to Figure 3-5.Ceteris paribus,if supply were to increase,this would lead to

• A)an increase in both equilibrium price and quantity.
• B)a decrease in both equilibrium price and quantity.
• C)an increase in equilibrium price and a decrease in equilibrium quantity.
• D)a decrease in equilibrium price and an increase in equilibrium quantity.
• E)no change in equilibrium price or quantity.

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Definitions:

Transactional Leadership

A style of leadership in which leaders promote compliance by followers through both rewards and punishments.

Participative Leadership

A leadership style where the leader involves team members in the decision-making process.

Achievement-oriented Leadership

A leadership style focused on setting challenging goals, emphasizing excellence, and demonstrating confidence in the abilities of followers.

Directive Leadership

A leadership approach where the leader furnishes instructions, sets goals, and expects compliance from team members.