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When organizational behaviour experts describe an organization as highly centralized, they mean that
Equilibrium
The state in which market supply and demand balance each other, resulting in stable prices.
Coconuts
Tropical fruits with a hard shell, edible flesh, and a clear liquid inside, often used in food and beverages.
Equilibrium Price
The price at which the quantity of a good or service demanded equals the quantity supplied, achieving market balance.
Inverse Demand Function
A mathematical representation showing how price adjusts based on the quantity demanded by consumers.
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