Lines at Gas Pumps Were Caused by _____________ in the 1970's

question 131

Multiple Choice

Lines at gas pumps were caused by _____________ in the 1970's.

• A)price floors
• B)price ceilings
• C)market equilibrium
• D)increased demand

Understand the concept and effectiveness of empowering leadership.

Distinguish between different decision procedures including autocratic, consultation, and joint decision-making.

Recognize the importance of involving others in decision-making to improve decision quality.

Understand the factors influencing the manager’s decision on what tasks to delegate.

---

Definitions:

Millions of \$

A numerical measure or quantity denoted in units of a million dollars, often used in financial contexts.

Retailers

Businesses that sell goods directly to consumers, often sourcing products from wholesalers or manufacturers.

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Minutes

Units of time equal to one sixtieth of an hour, or 60 seconds.