Something Is Scarce as Long as

question 104

Multiple Choice

Something is scarce as long as

• A)there is a price that the market puts on the item.
• B)there is no freely available infinite source of the item.
• C)the government provides it.
• D)the market provides it.

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Definitions:

Group Decision

A group decision is a decision made with the full participation of all group members.

Authority Decision

An authority decision is a decision made by the leader and then communicated to the group.

Leader-Member Relations

The dynamic and quality of the interaction and relationship between a leader and their team members, influencing team cohesion and performance.

Support

Providing assistance or encouragement to others in a way that enables them to increase their efficiency or effectiveness.