Figure 3-4 -Refer to Figure 3-4.If the Price Is $20

question 18

Multiple Choice

Figure 3-4
-Refer to Figure 3-4.If the price is $20,

• A)there would be a surplus of 600 units.
• B)there would be a shortage of 600 units.
• C)quantity demanded is zero.
• D)the market is in equilibrium.

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Definitions:

Leader Behavior

The actions and activities undertaken by a leader in the direction of guiding, influencing, and overseeing a group or organization.

Subordinates

Individuals in a lower position or rank within an organizational hierarchy who report to someone above them.

Recognizing Leadership

The ability to identify individuals who exhibit qualities and behaviors consistent with effective leadership.

Showing Appreciation

The act of expressing gratitude or recognition for someone's effort, work, or qualities.