Examlex
According to McClelland, top managers have a high need for which of the following?
Equilibrium
Equilibrium is the state in an economy or market where supply equals demand, resulting in stable prices.
Surplus
The situation in which the quantity of a product supplied exceeds the quantity demanded at a given price; excess supply.
Equilibrium Price
The market price at which the quantity of a good supplied is equal to the quantity demanded.
Bushels Demanded
The quantity of a commodity, measured in bushels, that consumers are willing to purchase at a given price.
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