An Increase in Supply Is Caused By

question 67

Multiple Choice

An increase in supply is caused by:

• A) an increase in resource prices.
• B) a decrease in the number of sellers in the market.
• C) suppliers' expectations of higher prices in the future.
• D) an advancement in the technology for producing the good.

---

Definitions:

Transformational Leaders

Leaders who inspire followers to exceed their own self-interests, to achieve extraordinary outcomes by transforming their beliefs and values.

Visionary Leaders

Leaders who have the ability to see future possibilities and inspire others to work towards these new, innovative directions.

Leadership Assumptions

Preconceived notions or beliefs about what leadership entails, including traits, behaviors, and effects on an organization's culture and performance.

Followership Research

involves the study of the behaviors and characteristics of individuals who take on the role of supporting and being led by others, emphasizing the importance of effective following in leadership dynamics.