Examlex
While structural empowerment draws on job design and characteristics, psychological empowerment is related to self-efficacy.
Market Equilibrium
A state in which market supply and demand balance each other, resulting in stable prices and quantities.
Producer Surplus
The difference between what producers are willing to accept for a good or service versus what they actually receive, often illustrated in economic surplus models.
Equilibrium
A state of balance in a market or economy where supply equals demand, resulting in stable prices.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive.
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