Figure 7.1 -Figure 7.1 Shows a Monopolist's Demand Curve. If the Monopolist

question 85

Multiple Choice

Figure 7.1
-Figure 7.1 shows a monopolist's demand curve. If the monopolist increases output from two to three units, what is its marginal revenue?

• A) $3
• B) $5
• C) $12
• D) $15

Identify different leadership behaviors (directive, supportive, participative, achievement-oriented) within the path-goal theory.

Recognize how leadership styles can be matched to follower's needs and task characteristics for optimal motivation and performance.

Understand how path-goal theory integrates motivation principles from expectancy theory.

Analyze the strength and criticisms of path-goal theory and understand its empirical support.

---

Definitions:

Whistle Blowers

Individuals who expose information or activity within a private, public, or government organization that is deemed illegal, unethical, or not correct.

Limited Liability

Limited Liability refers to the legal structure of a corporation where shareholders' financial responsibility is limited to the amount they invested in the company, protecting personal assets from company debts and liabilities.

Ownership Transfer

The legal process of transferring the title of an asset from one entity or individual to another.

Corporations

Entities recognized by law as separate from their owners, with the ability to own assets, incur liabilities, and engage in business activities.