In a Market System,prices Are Determined by

question 49

Multiple Choice

In a market system,prices are determined by

• A) corporate executives
• B) government bureaucrats
• C) supply and demand
• D) total market demand
• E) production costs

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Definitions:

Inclusive Language

The deliberate selection and use of vocabulary that avoids the exclusion of particular groups and that avoids the use of false generic terms (Canadian Race Relations Foundation, 2017).

Female Professor

A woman who holds a professorship at a college or university, engaged in teaching and often involved in research in her field of expertise.

Cross-Cultural Sensitivity

The ability to understand and appreciate cultural differences and to interact effectively with people from diverse backgrounds.

Intercultural Communication

The process of exchanging meaningful and unambiguous information between people from different cultural backgrounds.