When Roberta Consults with the Employees for Suggestions Prior to Making

question 104

Multiple Choice

When Roberta consults with the employees for suggestions prior to making a decision, she displays which of the following leadership styles?

• A) directive
• B) supportive
• C) participative
• D) achievement-oriented

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Definitions:

Marginal Cost

The extra cost resulting from the manufacture of an additional unit of a product or service.

Average Fixed Cost

The total fixed costs of production divided by the quantity of output produced, indicating how fixed costs dilute with increased production.

AFC Curve

The Average Fixed Cost curve, depicting how the fixed costs of production spread over different quantities of output affect the total cost per unit.

MC Curve

The Marginal Cost curve, representing the increase in total cost incurred from producing one additional unit of a good or service.