Margaret Is Having Difficulty Getting Her Employees to Arrive on Time.As

question 16

Multiple Choice

Margaret is having difficulty getting her employees to arrive on time.As a result,she implements a policy that says that anyone who is more than five minutes late will get "written up," and three write- ups are grounds for dismissal.What type of power is Margaret using?

• A)Legitimate
• B)Referent
• C)Expert
• D)Coercive

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Definitions:

Equilibrium Price

The market price at which the quantity of goods supplied equals the quantity of goods demanded.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers, resulting in a market balance.

Quantity

The quantity of a substance or item that is available or manufactured.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate the market price.