According to Chaleff,followers Need to Have the ______ to Support

question 9

Multiple Choice

According to Chaleff,followers need to have the ______ to support and to challenge the leader.

• A) skills
• B) intelligence
• C) critical mass
• D) courage

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Definitions:

Competitive Market

A market situation where numerous sellers and buyers exist, and where each has a negligible impact on the market price.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in a market.

Equilibrium Quantity

At the market equilibrium price, the amount of goods or services that are supplied matches the amount that is demanded.

Equilibrium Price

The market price at which the quantity demanded of a good equals the quantity supplied, leading to a state of balance in the market.