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The More Attractive the Price/performance Ratio of Substitute Products, the Tighter

question 17

True/False

The more attractive the price/performance ratio of substitute products, the tighter it constrains the ability of an industry to charge high prices.


Definitions:

Sexual Orientation

A person's emotional, romantic, or sexual attraction to individuals of a specific gender, which can include heterosexual, homosexual, bisexual, and other orientations.

Stigma

A mark of disgrace associated with a particular circumstance, quality, or person, often leading to discrimination.

Gay Child

A child who identifies as having a sexual or emotional attraction to individuals of the same gender.

Gay Men

Men who experience romantic or sexual attraction to other men.

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