Followers Who Have Internal Locus of Control Benefit from ______

question 24

Multiple Choice

Followers who have internal locus of control benefit from ______.

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

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Definitions:

Elastic

A characteristic of a good or service that indicates its sensitivity to changes in price, with relatively large changes in quantity demanded or supplied in response to price changes.

Inelastic

Inelastic describes a situation where the demand or supply for a good or service is not significantly changed by variations in price.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they do pay.

Tax

A mandatory monetary contribution or different sort of tax levied on a taxpayer by a government entity to finance government expenditure and assorted public costs.