Every Culture Is Learned,and Therefore

question 9

Multiple Choice

Every culture is learned,and therefore:

• A)a person can describe his or her own culture completely
• B)culture is learnable
• C)culture is something you know from birth
• D)it is not possible to live outside your own culture

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Definitions:

Producer Decisions

The selections made by firms regarding the production of goods or services, including what, how, and for whom to produce.

Consumer Demands

The desire, willingness, and ability of consumers to purchase goods and services at various price levels.

Market System

A market mechanism where the allocation of resources for investment, production, and distribution is driven by the forces of supply and demand, with the pricing of goods and services set freely within the market.

Minimize Cost

The process of finding the most efficient level of production, where the combination of inputs results in the lowest possible cost.