Many Cultures Are Neither Completely Individualistic nor Completely Collectivistic, but Fall

question 694

True/False

Many cultures are neither completely individualistic nor completely collectivistic, but fall somewhere between the two extremes.

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Definitions:

Average Fixed Costs

The fixed costs (expenses that do not change with the level of output) divided by the quantity of output produced. It decreases as output increases.

Output

The total amount of goods or services produced by a business, industry, or economy.

Third Industrial Revolution

The Third Industrial Revolution refers to the period marked by the digital revolution and the use of electronics and information technology to automate production that began in the late 20th century.

Additive Manufacturing

A process of making three-dimensional solid objects from a digital file, typically by laying down many thin layers of a material in succession.