Some Firms Do Not Instantly Adjust the Prices They Charge

question 102

Multiple Choice

Some firms do not instantly adjust the prices they charge in response to changes in demand for all of the following reasons except:

• A) it is costly to alter prices.
• B) they do not want to annoy their frequent customers.
• C) prices do not adjust when there is perfect competition.
• D) some prices are set by long-term contracts between firms and customers.

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Definitions:

Sexuality

The capacity for sexual feelings and their expression, how individuals experience and express themselves as sexual beings.

Stereotypical Gender Roles

Preconceived notions prescribing certain behaviors, tasks, and responsibilities based on one's biological sex or perceived gender identity.

Scanty Clothing

Wearing minimal clothes, often revealing significant portions of the body, sometimes associated with attracting attention or sexual interest.

Muscular Men

Refers to men with a high degree of muscle mass, often as a result of extensive physical training and exercise, sometimes associated with ideals of masculinity.