Which Statement Is Correct? the Long-Run Supply Curve for a Purely

question 45

Multiple Choice

Which statement is correct? The long-run supply curve for a purely competitive

• A)decreasing-cost industry will be upward sloping.
• B)increasing-cost industry will be perfectly elastic.
• C)increasing-cost industry will be upward sloping.
• D)increasing-cost industry will be less elastic than the short-run supply curve.

Utilize parallelism to emphasize the equality and importance of ideas in writing.

Recognize the significance of clarity in writing and how it can be enhanced through organization, structure, and word choice.

Develop strategies for making a message more concise, including the elimination of unnecessary words and phrases.

Identify and eliminate redundancies in writing to improve message clarity.

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Definitions:

Mutual Trust

A reciprocal believe between parties that each will act in the interest of the other, essential for effective teamwork and cooperation.

Directive Leadership

Is a leadership style characterized by providing clear instructions, setting defined goals, and closely supervising tasks, often applied in situations requiring tight control or when tasks are unstructured.

Supportive Leadership

A leadership approach that involves showing concern for employees' well-being, needs, and personal development to enhance their performance and satisfaction.

Participative Leadership

Participative leadership is a management style where leaders involve team members in the decision-making process, enhancing collaboration and commitment.