In Equilibrium,there Will Be No Further Opportunities for Gains from Trade

question 119

True/False

In equilibrium,there will be no further opportunities for gains from trade.

---

Definitions:

Follower

An individual who supports and is guided by another person, leader, or ideology.

Legitimate Power

A form of authority that is based on the official or formal position held in an organization, granting the power to influence others.

Group

A collection of individuals who come together to achieve a common goal or share a common interest.

Organizational Climate

The shared perceptions and attitudes about an organization that influence members' motivation and behavior.