A Flexible-Price Policy Is Most Often Used Where Products Are

question 229

True/False

A flexible-price policy is most often used where products are not standardized and where bargaining is common.

---

Definitions:

Prejudice

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience, often manifesting as bias or discrimination.

Stigma

A mark of disgrace or infamy; a sign of severe social disapproval of personal characteristics or beliefs that are perceived to be against cultural norms.

Title VII

A provision of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Union Membership

The state of being a member of an organization (union) that represents employees' interests, such as wages, working conditions, and benefits.