-Refer to Exhibit 3-11

question 100

Multiple Choice

-Refer to Exhibit 3-11.Fill in blanks (C) and (D) respectively with "Exchange" or "No Exchange"to indicate whether or not exchange would take place at the given prices.

• A) Exchange; Exchange
• B) Exchange; No Exchange
• C) No Exchange; Exchange
• D) No Exchange; No Exchange

---

Definitions:

Grapevine

A network within the informal organization that communicates incomplete, but usually somewhat accurate information.

Gossip Network

A system through which rumors, informal information, or personal talk is spread within a community or organization.

High-Context Cultures

Cultures in which communication relies heavily on contextual cues such as body language, tone of voice, and social status, rather than solely on explicit words.

Proxemics

The study of human use of space and the effects that population density has on behavior, communication, and social interaction.