-From Table 2

question 145

Multiple Choice

-From Table 2.3, at the price of $3 there is a

• A)shortage of 2
• B)neither a shortage nor a surplus.
• C)shortage of 4.
• D)surplus of 4.

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Definitions:

Leadership Behavior

Actions, practices, and attitudes exhibited by leaders to inspire, influence, and guide their followers.

Leaders Vary

Refers to the concept that leadership styles and qualities differ significantly among individuals in leadership roles, impacting their effectiveness and approach to management.

Exchange Relationship

A dynamic between two parties where resources, services, or goods are traded.

Manager's Perception

How a manager perceives or interprets events, people, and situations within the organizational environment, influencing their decision-making and leadership styles.