The Law of One Price Is

question 168

Multiple Choice

The law of one price is

• A) the principle that to be competitive, a company must offer its product at only one price.
• B) a principle suggested by Canadian economists that means that all products in a given economy should be sold for the same price.
• C) that the supply and demand of a product must not alter its price.
• D) a principle that identical products should sell for the same price in all countries.
• E) if a retailer puts an item on sale, all other retailers must match their price for consumers.

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Definitions:

School Staff Training

Professional development and educational programs provided to teachers and other school employees to improve their skills and knowledge.

Emotional Abuse

A type of maltreatment where one individual subjects another to actions leading to psychological harm, such as anxiety, ongoing depression, or PTSD.

Physical Abuse

Refers to the intentional use of force against a person that results in bodily harm, injury, or trauma.

Sexual Activity

Behaviors involving sexual intercourse or other forms of sexual expression between individuals.