The Ability of Informal Leaders to Influence Others MOST OFTEN

question 148

Multiple Choice

The ability of informal leaders to influence others MOST OFTEN stems from ________.

• A) their legal authority to do so
• B) their subordinates' fear of managerial discipline
• C) special skills or talents they possess
• D) prior educational experiences

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Definitions:

Output Price

The price at which a product or service is sold in the market.

Demand for Labor

The quantity of workers that employers are willing and able to hire at different wage levels in a given time period, reflecting the need for labor in producing goods and services.

Labor-augmenting

Refers to technological improvements or investments that increase the productivity of labor, allowing workers to produce more output per unit of labor.

Marginal Productivity

The additional output resulting from a one-unit increase in the input of a particular factor of production, while holding other inputs constant.