If the Quantity of Picture Frames Supplied Increases 15 Percent

question 172

Multiple Choice

If the quantity of picture frames supplied increases 15 percent when the price goes up 20 percent, the elasticity of supply is:

• A) 15.
• B) 20.
• C) 1.33.
• D) 0.75.

---

Definitions:

Dogmatic/Authoritarian Followers

Individuals who follow leaders with an unquestioning belief in their authorities, often accepting and enforcing strict adherence to rules and doctrines without flexibility.

Directive Style

A leadership approach characterized by giving explicit instructions, closely supervising followers, and expecting immediate compliance.

Path-Goal Theory

A leadership theory that suggests a leader's behavior is contingent on the satisfaction, motivation, and performance of subordinates.

Directive

An instruction or order given by someone in authority, guiding actions or strategies in various contexts.