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Several of the nonverbal channels we've discussed are heavily influenced by culture. Using specific examples when possible, pick at least three different nonverbal channels and highlight how expectations for appropriate nonverbal behavior vary from culture to culture. Next, discuss how these differences are likely to impact interactions. Finally, propose at least two ideas for how people communicating with individuals from other cultures might be able to potentially avoid embarrassing or offensive situations.
Marginal Cost
Marginal cost refers to the increase in total cost that arises from producing one additional unit of a good or service.
Block Pricing
A pricing strategy where different quantities of a product or service are sold at different prices, usually implying that larger quantities are sold at a lower per-unit price.
First-Degree Price Discrimination
Practice of charging each customer her reservation price.
Marginal Revenue
The increase in revenue resulting from the sale of one additional unit of a product or service.
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