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In a brief essay, identify three ways that various immigrants from India have created a new and unique Indian American identity in the United States. Is this assimilation or multiculturalism, and why?
Product Price
The amount of money required to purchase a good or service, determined by various factors including production costs, market demand, and competitive dynamics.
Purely Competitive
A market setup where many small companies exist, offering an identical product, with low barriers to both entering and leaving the market.
Economic Losses
The reduction in wealth or welfare due to factors such as poor investment decisions, market downturns, or natural disasters.
Short Run
A period in economics during which some resource inputs in a production process cannot be changed.
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