A Task Force Is Also Called A(n)________

question 67

Multiple Choice

A task force is also called a(n) ________.

• A)matrix structure
• B)community of practice
• C)ad hoc committee
• D)strategic partnership

---

Definitions:

Producer Surplus

The gap between what sellers are prepared to take for a product or service and the actual amount they get.

Inelastic

This refers to a lack of sensitivity in the quantity demanded or supplied when the price changes.

Elastic

Describes a situation in economics where the demand or supply for a good or service significantly changes in response to a change in price.

Substitute Goods

Products or services that can be used in place of one another, with their demand being inversely related: as the price of one rises, the demand for the other increases.