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According to Fiedler's contingency model,task-oriented leaders are most effective in situations that are very favourable and very unfavourable.
Resource Prices
The costs associated with acquiring the inputs needed for production, such as raw materials, labor, and capital.
Industry Output
The total amount of goods or services produced by a particular industry over a specific time period.
Decline
A decrease in the quantity, quality, or level of something, often indicating a negative trend.
Upward Sloping
A term describing a line on a graph that moves higher as you move from left to right, used in various economic contexts.
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