In the Context of Cultural Customs, Which of the Following

question 56

Multiple Choice

In the context of cultural customs, which of the following is a difference between the United States and many Latin and African countries?

• A) Unlike the United States, full-time work in many Latin and African countries consists of 40 hours a week.
• B) Unlike the United States, many Latin and African countries value accomplishment and achievement regardless of age.
• C) Unlike the United States, many Latin and African countries view time as more elastic.
• D) Unlike the United States, many Latin and African countries have low power distance.

---

Definitions:

Unit Elasticity

A circumstance where the percentage variation in the quantity that is either demanded or supplied matches the percentage variation in its price.

Demand

The amount of a product or service that shoppers are ready and capable of buying at different price levels within a specific period.

Total Revenue

The sum of money a company earns from selling products or providing services in a specific time frame.