Figure 14.1 
-Which of the points in Figure 14.1 are possible short-run equilibriums but not long-run equilibriums?
Definitions:
Capabilities
The skills, expertise, and resources that an organization or individual has, which enable them to achieve their objectives and perform activities.
Emotional Intelligence
The ability to recognize, understand, and manage one's own emotions and those of others, which is crucial for effective interpersonal relations and leadership.
Personal Competency
The range of one's abilities and skills that contribute to achieving high performance and success in personal or professional tasks.
Effectiveness
A measure of how well resources are used to achieve goals and objectives.
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