When Price Was 10,quantity Demanded Was 50

question 128

Multiple Choice

When price was 10,quantity demanded was 50.When price increased to 12,quantity demanded decreased to 40.Therefore,when price increased,total revenue

• A) decreased from 500 to 480, indicating that demand is inelastic.
• B) decreased from 500 to 480, indicating that demand is elastic.
• C) increased from 480 to 500, indicating that demand is inelastic.
• D) increased from 480 to 500, indicating that demand is elastic.

Apply the situational leadership approach to real-life scenarios and team dynamics.

Define the various leadership styles within the situational approach and understand their application based on follower development levels.

Discuss the strengths and limitations of the situational leadership II (SLII) model.

Understand the concept and application of SLII in corporate leadership training.

---

Definitions:

Blood Sugar

the concentration of glucose present in the blood, essential for energy production in the body but requiring regulation for health.

High Validity

Refers to the extent to which a test, measurement, or experiment accurately measures or reflects what it claims to measure.

Rational Thinking

The process of reasoning logically and systematically about decisions or beliefs based on facts and evidence rather than emotions or intuition.

Practical Intelligence

Intelligence that relates to the ability to solve everyday problems through adaptive or creative reasoning.