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Discrepancies of Quantity and Assortment Occur Because Individual Producers Find

question 252

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Discrepancies of quantity and assortment occur because individual producers find it economical to produce and sell small quantities of a large assortment of products while individual consumers prefer to buy large quantities of a small assortment of products.


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An established position in a social structure that carries with it a degree of prestige.

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The capacity for complex thought processes, creativity, problem-solving, and acquiring knowledge.

Innate Trait

A characteristic, ability, or quality that is present from birth, not acquired through learning or experience.

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The acquisition of knowledge, skills, attitudes, and values through interactions with others in society.

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