Because the ________ Role Involves Gathering Information from the Larger

question 29

Multiple Choice

Because the ________ role involves gathering information from the larger organization and informing those within the organization about team goals,activities and success,it is often filled by the team manager.

• A)coordinator
• B)completer
• C)consul
• D)contractor

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Definitions:

Consumer Surplus

The difference between the potential total payment by consumers for a product or service and the actual total payment they make.

Producer Surplus

The difference between the amount that producers are willing and able to sell a good for and the actual amount they receive.

Price Elasticity

An indicator of the degree to which demand for a product reacts to variations in its price, showing how sensitive the demand for the good is to price alterations.

Price Discrimination

A method of setting prices where a provider charges different amounts for the same or almost the same items or services to different customers or in various locations.