A Work Group Differs from a Team in What Way

question 42

Multiple Choice

A work group differs from a team in what way?

• A) In a team, everyone is equal. In a work group, some members have more power than others.
• B) A work group depends on an outside supervisor for direction, while a team self-directs.
• C) A work group self-directs, while a team depends on an outside supervisor for direction.
• D) A team tends to have better rapport between members than a work group.

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Definitions:

Price Elasticity

A measure of the sensitivity of demand for a product in response to a change in its price.

Perfectly Elastic Demand

The case in which any price increase will cause the quantity demanded to drop to zero; the demand curve is a horizontal line.

Demand Curves

Graphical representations showing the quantity of a particular good that consumers are willing to buy at different price levels, assuming other factors remain constant.

Total Revenue

The total amount of money a company receives from selling its goods or services, calculated as the quantity sold multiplied by the sale price.