Examlex
If the demand curve for a product shifts to the right and the supply curve for the product shifts to the left,equilibrium price and equilibrium quantity will both increase.
Referent Power
An elusive power that is based on interpersonal attraction.
Individualistic
A trait or culture emphasizing the importance and value of the individual over the collective group.
Respected
Earning esteem or admiration from others due to qualities such as integrity, achievements, or fairness.
Zone of Indifference
A conceptual range within which individuals are indifferent to authority's decisions or directives, either accepting or obeying them without resistance.
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