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Suppose that, in an exercise, your psychology class had to think of as many household items as they could that started with the letter 'W'. One half of the class worked as individuals and the other half as an interacting group. If the group output was poorer than the sum of the individuals, you would have a fairly clear example of:
Responsibilities Delegated
Tasks or duties assigned to a subordinate or team member by a person with authority or leadership within an organization.
Transfer Price
The price at which divisions of a company transact with each other, such as the trade of supplies or labor between departments.
Variable Cost
Costs that vary directly with the level of production or service volume, such as materials and labor.
Per-unit Market Price
The current price at which an individual unit of a product is sold in the market.
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