-Refer to Exhibit 4-4

question 93

Multiple Choice

-Refer to Exhibit 4-4.Which of the following statements is false?

• A) Graph (1): A price ceiling set at P₂ would not have an impact on the market.
• B) Graph (2): As supply increases,equilibrium price remains constant.
• C) Graph (3): As demand increases,equilibrium quantity remains constant.
• D) Graph (4): As supply increases,equilibrium quantity increases.

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Definitions:

Collective Efficacy

The shared belief in a group's collective ability to organize and execute the courses of action required to achieve given goals.

Team Cohesion

The extent to which members of a team are united in pursuing common goals and how attracted they are to the team and its activities.

Antecedents

Events or conditions that precede and influence behavior, actions, or outcomes.

Team Unity

The sense of solidarity or cohesiveness among members of a team, often leading to better performance and cooperation.