Other Things Being Equal, How Would the Market for Tablet

question 14

Multiple Choice

Other things being equal, how would the market for tablet computers be affected by a large increase in productivity in the tablet-computer industry?

• A) a decrease in price and a leftward movement along the supply curve
• B) a decrease in price and a rightward movement along the demand curve
• C) a decrease in price and a rightward movement along the supply curve
• D) an increase in price and a rightward movement along the demand curve

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Definitions:

Laissez-faire Managers

Managers who adopt a hands-off approach, allowing employees to make decisions and solve problems independently.

Organization Man Manager

Describes a manager who conforms to the corporate culture and policies very strictly, often prioritizing the company's needs over personal values or creativity.

Authority-compliance Manager

describes a leadership style focused predominantly on efficiency and task completion, often at the expense of team member relationships and morale.

Impoverished Manager

An impoverished manager adopts a low concern for both people and production, minimizing involvement in leadership duties and often resulting in a lack of innovation and motivation within teams.