A Manager Has an Employee Who Is Very Motivated and Always

question 64

Short Answer

A manager has an employee who is very motivated and always willing to work hard, however the employee lacks the knowledge, skills and abilities to properly perform the job, which is an example of a/an ________.

---

Definitions:

Elastic Supply

A situation in which the supply of a product changes significantly when its price changes.

Tax Burden

The measurement of taxes paid by individuals or businesses, often expressed as a percentage of income or GDP.

Market Participants

Individuals or entities involved in the buying, selling, or regulation of goods and services within a market.

Price Ceilings

A government-imposed limit on the price charged for a product, intended to keep prices affordable for consumers.