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You manage a department of five employees. You have identified that Joe has high need for achievement, Mary has high need for power, and Tim has high need for affiliation. Sarah scored high on the need for power and low on the need for affiliation. Doug scores low on both need for power and need for affiliation. Which of these five employees is most suitable for taking on your responsibilities when you are on a vacation?
Equilibrium Pricing
The point at which the supply of a product matches demand, setting the market price.
Deadweight Loss
A loss in economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.
Imposition
The act of establishing or applying something by authority or force, often referring to taxes, duties, or policies.
Tax
A necessary tax or other charge placed on individuals by a government agency, with the purpose of generating revenue for government operations and miscellaneous public outlays.
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