Knowledge of the Culture Learned from the Inside,seldom Consciously Discussed,is

question 22

Multiple Choice

Knowledge of the culture learned from the inside,seldom consciously discussed,is ______ knowledge.

• A) etic
• B) epic
• C) emic
• D) cultural

---

Definitions:

Elastic

Describes a situation in which the demand for a product or service significantly changes in response to a change in its price.

Deadweight Loss

A loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.

Excise Tax

A tax imposed on specific goods, services, or transactions, often included in the price of products like tobacco, alcohol, and fuel.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing and able to sell.