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Which of the Following Refers to the Cues and Messages

question 31

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Which of the following refers to the cues and messages that members of a group use to let an individual know what they are expecting?


Definitions:

Average Rate

The mean value of a set of rates or percentages, calculated as the sum of all rates divided by the number of rates.

Above Average Profits

Earnings that surpass the norm or average level within a particular industry or market.

Perfectly Elastic Demand

A market situation where demand for a product can drastically change to infinity with the slightest change in its price.

Inelastic Demand

A situation where the demand for a product does not change significantly with a change in price.

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