-The Above Table Gives the Demand and Supply Schedules for |

question 348

Multiple Choice

$$\begin{array} { | l | l | l | l | } \hline \begin{array} { l } \text { Price } \\\text { (dollars per } \\\text { disc) }\end{array} & \begin{array} { l } \text { Quantity } \\\text { demanded }\end{array} & \begin{array} { l } \text { Price } \\\text { (dollars per } \\\text { disc) }\end{array} & \begin{array} { l } \text { Quantity } \\\text { supplied }\end{array} \\\hline 4 & 36,000 & 4 & 4,000 \\\hline 8 & 32,000 & 8 & 8,000 \\\hline 12 & 28,000 & 12 & 12,000 \\\hline 16 & 24,000 & 16 & 16,000 \\\hline 20 & 20,000 & 20 & 20,000 \\\hline 24 & 16,000 & 24 & 24,000 \\\hline 28 & 12,000 & 28 & 28,000 \\\hline 32 & 8,000 & 32 & 32,000 \\\hline 36 & 4,000 & 36 & 36,000 \\\hline\end{array}$$
-The above table gives the demand and supply schedules for Blu-ray discs. Based on the table, the equilibrium quantity and price of a Blu-ray discs is

• A) 28,000 and $12.
• B) 16,000 and $24.
• C) 16,000 and $16.
• D) 20,000 and $20.

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Definitions:

Bureaucratic Organization

A type of organizational structure characterized by strict procedures, hierarchical relationships, and detailed rules and guidelines to ensure consistency and control.

Rational Structure

An organizational design that emphasizes a well-defined hierarchy, clear roles, and formal procedures and guidelines.

Formal Authority

Refers to the power granted to an individual or a position through organizational structures and official job descriptions.

Mechanistic Designs

Organizational structures characterized by clear hierarchies, rigid departments, and strict adherence to rules, enhancing efficiency in stable environments.