The Secondary Dimension of Diversity Includes Personalities

question 3

True/False

The secondary dimension of diversity includes personalities.

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Definitions:

Payoff

The benefit or return that one receives as a result of an investment or action; a rephrasing of economic payoff emphasizing the outcome aspect.

Cartel

An association of independent businesses or countries that work together to control prices and limit competition for their mutual benefit.

Incentive

A benefit, reward, or cost that motivates an economic agent to engage in a particular course of action.

Oligopoly

A market structure characterized by a small number of large firms dominating the market, which have significant control over price and high barriers to entry.