Refer to the information provided in Figure 8.11 below to answer the question(s) that follow. 
Figure 8.11
-Refer to Figure 8.11. Assuming the wool market (industry) is perfectly competitive and the industry consists of 100 firms of identical size, each firm would produce an average of ________ pounds of wool and sell the wool for ________ per pound.
Definitions:
Leader Behaviors
Actions, practices, and decisions taken by leaders to influence, motivate, and guide their followers.
Performance Outcomes
The results or achievements of activities, often measured against intended goals or standards.
Authority Compliance Leadership
A leadership style that emphasizes obedience to the leader’s requests or directives.
Team Leadership
The process of leading a group of people towards achieving a common goal by motivating, guiding, and managing the team effectively.
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