What Is Displacement

question 26

Multiple Choice

What is displacement?

• A) a major linguistic characteristic of all primate call systems
• B) a moral precept that keeps humans from lying and making false promises
• C) acculturation; when a less technologically advanced culture forces a more technologically advanced complex culture to move to a new location
• D) a dialect spoken by both the Nootkan and Bantu so they can consummate trade
• E) the human linguistic ability to refer to things, persons, and events removed in time and space

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Definitions:

Elasticity

A measure of how responsive the demand or supply of a product or service is to changes in price or other factors.

Long-run Market Supply

Describes the total quantity of a good or service that producers are willing and able to supply at various prices in the long term, considering all factors of production are variable.

Resource Prices

The costs associated with acquiring the inputs needed for production, including raw materials, labor, and capital.

Industry Expands

The process of growth within a particular sector due to factors like increased demand, technological advancements, or entry of new businesses.