What Is the Best Example of a Marginal Change

question 174

Multiple Choice

What is the best example of a marginal change

• A)After graduating from university, Audrey's income increases from $500 per month to $3000 per month.
• B)In 2015 minimum wage in Saskatchewan increased from $10 per hour to $10.20.
• C)Housing prices in an area increase by 40% when a new highway is built in a small town.
• D)A hard freeze wipes out half of the tobacco crop in Ontario and the price of cigarettes doubles.

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Definitions:

Transformational Leadership

A leadership style that inspires and motivates followers to achieve exceptional outcomes and develop their own leadership capacity.

Inspirational Motivation

A leadership approach where leaders inspire and motivate followers to achieve higher levels of performance through a compelling vision of the future.

Intellectual Stimulation

The process of encouraging individuals to think critically and creatively, challenging existing assumptions and fostering innovation.

Authentic Leadership

A leadership style in which the leader is genuine, transparent, and ethical, and fosters trust by being true to themselves.