The Law of One Price Is Enforced By

question 34

Multiple Choice

The law of one price is enforced by:

• A) governments.
• B) producers.
• C) consumers.
• D) arbitrageurs.

---

Definitions:

Conformity

Adjusting one's behavior or thinking to match those of others or adhere to group norms.

Socialization Process

The process through which individuals learn and adopt the values, norms, and behaviors that are necessary for participating within a society or specific group.

Anticipatory Stage

This stage refers to the process of socialization before an individual joins an organization, where they form expectations and attitudes about their upcoming work environment.

Organizational Citizenship Behaviour

A type of behavior exhibited by employees that is discretionary, not directly or explicitly recognized by the formal reward system, and that in the aggregate promotes the effective functioning of the organization.