Increasing the Restraining Forces and Reducing or Removing the Driving

question 78

Multiple Choice

Increasing the restraining forces and reducing or removing the driving forces would:

• A)remove any resistance to change.
• B)make the change process more difficult to implement.
• C)have no effect on the change process.
• D)give the change agent more power in the change process.
• E)make the change process easier to implement.

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Definitions:

Imperfect Competition

A market structure that does not meet all conditions of perfect competition and where individual sellers can influence the price of the market to some degree.

Perfect Competition

A market structure characterized by a complete absence of rivalry among the individual firms, with an infinite number of sellers and buyers, homogeneous products, and no barriers to entry or exit.

Monopoly

A market structure characterized by a single seller or producer supplying a unique product or service, resulting in the absence of competition.

Market Demand Curve

A graphical representation showing the relationship between the price of a good and the total quantity demanded across all consumers in the market.