Rakim Argues That a Particular Culture's Distinctive View of Reality

question 96

Multiple Choice

Rakim argues that a particular culture's distinctive view of reality simply exists and believes that there is no way to meaningfully address the origin of cultural differences. Rakim seems to subscribe to which philosophical tradition?

• A) empiricism
• B) existentialism
• C) deconstructionism
• D) naturalism

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Definitions:

Long Run

In economics, a period during which all factors of production and costs are variable, and firms can enter or exit the market.

Nonprice Competition

A marketing strategy in which businesses attempt to attract customers through methods other than lowering prices, such as product differentiation, quality, service, and advertising.

Pure Competition

A market setup defined by many small businesses, identical products, unrestricted entry and departure, and complete information transparency.

Long-Run Average

A concept referring to the time period in which all inputs can be adjusted by firms, relating to production costs and decisions.