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Economists Maintain That the Price of a Product Has No

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Essay

Economists maintain that the price of a product has no effect on demand. How can this be true?


Definitions:

Whiteness

A socially constructed racial category that consists of institutionalized practices and ideas that people participate in consciously and unconsciously. Whiteness is simultaneously taken for granted, largely invisible, and a yardstick for judgment of behavior and ideas.

Unspoken

Referring to something not expressed in spoken words but understood or implied.

Organizational Life

Encompasses the culture, practices, and dynamics within an organization, influencing and shaping the experiences of its members.

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