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Paul is on a team in which the other members are from production, marketing, and R&D, respectively. Which of the following best describes what kind of team Paul is on? a.group
b. functional team
c. cross-functional team
d. self-managed team
Equilibrium Level
The state in a market where supply equals demand, and there are no external forces causing disruption, leading to a stable price.
Unconscionable Rate
A term often used to describe exorbitantly high rates or charges that go beyond what is reasonable or legally permissible, typically in the context of loans or credit.
Exorbitant Rate
An excessively high and unreasonable rate, often used in reference to interest rates or prices.
Equilibrium Price
The price at which the quantity of a good or service demanded equals the quantity supplied, meaning there is no excess supply or demand.
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