Refer to the information provided in Figure 8.11 below to answer the question(s) that follow. 
Figure 8.11
-Refer to the Figure 8.11. Assuming wool is a perfectly competitive industry, the demand curve faced by each wool producer is ________ starting at $3.00 per pound.
Definitions:
Situational Leadership Model
A leadership theory proposing that leaders should adjust their leadership style based on the task maturity of the individuals or teams they are leading.
Fiedler's Contingency Theory
A leadership theory proposing that leaders' effectiveness is based on the situational context and the match between the leader's style of interacting with followers and the degree of control and influence in the situation.
Leadership Success
The achievement of desired goals and objectives through effective leading, influencing, and motivating of individuals or teams.
Situational Demands
The specific requirements or pressures that arise from the particular circumstances or context one is in.
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