Which of the Following Would Cause an Increase in the Supply

question 101

Multiple Choice

Which of the following would cause an increase in the supply of peanut butter?

• A)a decrease in the price of grape jelly (assuming that peanut butter and grape jelly are complements)
• B)an increase in the price of peanut butter
• C)an increase the price of a product that producers sell instead of peanut butter
• D)an increase in the number of firms that produce peanut butter

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Definitions:

Leadership Success

The effectiveness with which a leader inspires, guides, and achieves goals through the management of others and resources.

Blake and Mouton

Creators of the Managerial Grid Model, which is a method for evaluating leadership styles based on concern for people and concern for production.

Human Relations Leader

A management approach focusing on the interpersonal aspects of managing, emphasizing motivation, communication, and employee well-being to improve productivity.

Leadership Grid

A framework for understanding leadership styles based on concern for people versus concern for production or results.