Current Trends in Music Have Resulted in __________

question 89

Multiple Choice

Current trends in music have resulted in __________.

• A) the abandonment of traditional music forms in favor of western music in most of the world
• B) hybridization of traditional music as musicians from different parts of the world and traditions collaborate
• C) a strong preference for European classical forms of music in most of the world
• D) a decrease in average IQ

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Definitions:

Profit-Maximizing

The process or strategy of adjusting production and operations to generate the highest possible profit.

Total Profit

Total profit is the financial gain made by a business after subtracting all expenses from the total revenue generated from sales and other sources.

Market Share

The share of a market that a certain product or company holds.

Profit-Maximizing

A process that enables a business to identify the price and production level that results in the greatest profit.