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Charging Different Prices During Different Times of the Day or During

question 78

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Charging different prices during different times of the day or during different days of the week to reflect variations in demand for a service is referred to as

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Definitions:

Robert Merton

An influential sociologist known for developing theories such as the strain theory and concepts like self-fulfilling prophecy.

Erving Goffman

A highly influential sociologist known for his works on symbolic interactionism, he explored social identity, group dynamics, and the concept of the "presentation of self" in everyday life.

Talcott Parsons

An influential American sociologist known for his development of a general theory for the study of society, which he called structural functionalism.

Protestant Ethic

A concept associating Protestantism with the virtues of hard work, thrift, and efficiency in one’s worldly calling, suggested by Max Weber to have contributed to the economic success of Western societies.

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