Market economies operate on the principle of supply and demand.
A. True
Grand theories are theories that are conceptual frameworks defining broad perspectives or concepts without any operational definitions.
Which of the following best describes a grand theory?
The broadest type of theory within a discipline is called grand theory. A theory can be thought of as a collection of concepts and the connections between them. The human sciences frequently group theories according to their scope, going from the narrowest to the widest.
Grand theories: Why are they important?
Although they are complex and challenging to evaluate, grand theories offer a conceptual framework that emphasizes broad perspectives on practice. Grand theories and practice theories are connected by middle-range theories.
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The correct answer would be, Antitrust Law.
Antitrust Law is violated when a supplier requires intermediaries to enter into tying agreements.
Explanation:
Antitrust law is basically a combination of federal and state government laws. The conduct of business organizations is regulated by the Antitrust Law. This Antitrust Law regulates the organizations to promote competition between businesses for the purpose of benefiting the consumers.
Businesses are bound to perform and act within the law in order to benefit the consumers. If they do anything outside the law, they have to face the antitrust law.
When Supplier requires intermediaries to enter into tying agreement, this is the violation of the Antitrust Law. Similarly, collusion is also said to be the violation of the Antitrust Law, where two or more organizations manufacture and sell widgets.
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C. The North Korean Parliament
Answer:
Inferiority
Explanation:
Erik Erikson proposed a psychosocial theory that explains how we develop our personality through our lifespan by going through crisis involving two opposite things and solving the crisis in an adequate or inadequate way.
The stage that corresponds to 12-year-olds is "industry vs. inferiority", during this stage the child feels the need to win approval by demonstrating specific competencies that are valued by society and begin to develop a sense of pride in their accomplishments.
If this need is met, they begin to feel industrious and competent and feel confident about their ability to achieve their goals. If this doesn't happen, the child begins to feel inferior, doubting his own abilities and he might develop a sense of inferiority.
In this example, <u>Julio has 12 years old and it seems to him that nothing he makes works properly.</u> He is <u>not feeling industrious or competent about his abilities </u>so, according to the stage he's in, he might develop a sense of inferiority.
