Which of the Following Statements About Culture Is FALSE

question 16

Multiple Choice

Which of the following statements about culture is FALSE?

• A) Culture guides the beliefs and behavior of the people exposed to it.
• B) Culture is passed on genetically to future generations.
• C) Culture is a key aspect of human adaptability and success.
• D) Cultural forces consistently mold and shape human biology and behavior.
• E) Culture is passed on from generation to generation.

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Definitions:

Predatory Pricing

The strategy of setting prices at a very low level with the intent to eliminate competition, considered illegal in many jurisdictions.

Price Discrimination

The strategy of selling the same product to different customers at different prices based on their willingness to pay.

Resale Price Maintenance

A practice where a manufacturer and its distributors agree on the minimum price at which a product can be sold to consumers.

Vertical Price Fixing

A form of price fixing where participants at different levels of the same supply chain coordinate to control prices, often illegal.