In the Context of Communication Skills, Effective Supervisors

question 25

Multiple Choice

In the context of communication skills, effective supervisors:

• A)tend toward introversion.
• B)are not afraid to voice their opinions.
• C)do not let people know how they feel.
• D)leave their employees wondering about their ideas.

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Definitions:

Equilibrium

An equilibrium where demand meets supply in the marketplace, stabilizing prices as a consequence.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices during a given period.

Equilibrium Wage Rate

The wage rate at which the supply of labor is equal to the demand for labor in the labor market.

Economic Rents

Payments to a factor of production in excess of what is needed to keep that factor in its current use, often due to limited supply or unique attributes.