In a Free,competitive Market,what Is the Rationing Mechanism

question 122

Multiple Choice

In a free,competitive market,what is the rationing mechanism?

• A)seller bias
• B)buyer bias
• C)government law
• D)price

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Definitions:

Legitimate Power

Power that is recognized as deserved or earned, often stemming from a person's position, role, or through the respect they command.

Person-Focused Leaders

Leaders who prioritize the development, well-being, and personal interests of their team members in their leadership approach.

Task-Oriented Leaders

are leaders who focus primarily on the completion of tasks and the achievement of objectives, often emphasizing efficiency and role clarity.

Participatory

Involving or allowing participation of members within a process or system, often emphasizing inclusivity and collaboration.