Examlex
List and describe two dimensions of Hofstede's National Diversity Dimensions.
Demand Price
The price at which consumers are willing to buy a specific quantity of a good or service.
Market Price
The present cost for purchasing or selling an asset or service.
Demand Price
Demand price is the maximum price consumers are willing to pay for a product or service, influenced by factors like income, preferences, and availability of substitutes.
Supply Price
The price at which producers are willing to sell a product, which typically varies in direct relation to the quantity supplied.
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