Which of the Following Statements Is NOT True Regarding Group

question 89

Multiple Choice

Which of the following statements is NOT true regarding group size?

• A) There is no consensus on the ideal size for groups.
• B) A group that is too small limits ideas and creativity.
• C) Larger groups tend to inhibit equal participation.
• D) The smaller the size, the more formal or autocratic the leadership needs to be to provide direction.

---

Definitions:

Oligopoly Pricing

A market pricing strategy used in an oligopoly, where a few firms dominate the market and can significantly influence prices through competitive and collaborative dynamics.

Sticky

Describes prices or wages that are slow to adjust or change in response to changes in supply, demand, or the broader economic environment.

Price Discrimination

A pricing policy in which the same provider sells the same or nearly the same products or services at various prices across different markets.

Kinked-demand Curve Model

An economic model that explains price stability in oligopolistic markets by suggesting that businesses may not raise or lower prices due to the segmented demand curve.