Which of the Following Statements Is Correct About the Determinants

question 154

Multiple Choice

Which of the following statements is correct about the determinants of supply and demand?

• A)A majority of the determinants of demand and supply are the same.
• B)All the determinants of demand and supply are the same.
• C)A minority of the determinants of demand and supply are the same.
• D)None of the determinants of demand and supply are the same.

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Definitions:

Group Score

A collective measure or outcome achieved by a group of individuals in a task or assessment.

Status

An individual's social or professional position, typically in relation to others within a hierarchy or organization.

Orientation

Orientation refers to the introduction and acclimatization process for newcomers in an organization or group, helping them understand their roles and the group's culture.

Homogeneity

The quality or state of being all the same or all of the same kind, indicating uniformity within a group or set.