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In an ultimatum bargaining situation,where one person makes a final offer to another person,and both parties only receive their portions of the offer if the responder accepts the proposer's terms,responder acceptance rates are driven by:
Cultural Diversity
Refers to the variety of cultural or ethnic groups within a society, embracing their differences in race, language, religion, traditions, and expressions.
Technological Development
The process of research, innovation, and application of technology or techniques to improve products, processes, or services.
European Union
A political and economic union of 27 European countries that are tied by a common market and numerous regulatory measures.
Ethnoculturalism
The advocacy or emphasis on the distinct characteristics and significance of a particular ethnicity or culture within a society.
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