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A bumper crop would be bad news for farmers if their crop has an inelastic demand because their total revenue would
Social Institutions
Established systems and structures within society that organize and govern the behavior and practices of its members.
Cultural Differences
Variabilities in beliefs, attitudes, behaviors, norms, and customs among people from different cultures.
"Ideal" Self
A person's conception of how they would like to be, encompassing ambitions and goals aligned with personal values.
"Actual" Self
An individual's self-concept based on their beliefs about their own attributes and traits as they presently are.
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