Answer:
Acculturation.
Explanation:
Acculturation is basically the process of adjusting to a new social, psychological and cultural change. It is simply the transfer of values and custom from one place to another.
Answer:
The correct answer is the option B: market price.
Explanation:
To begin with, the concept known as "Market Price" in the field of marketing and business refers to the specific number that will contain all the costs as well as the margin wanted to end up formulating what the customers will pay when they are wanting to buy the product or service. Therefore that the market price must include all product and period costs that are necessary for making and marketing as well the product or service itself. It is obvious that the marketing costs are as important as all the direct costs that are needed for the proper production of the product due to the fact that without it the product may not be sell to any one.
Answer:
The correct answer to the given question is Relevant range.
Explanation:
Relevant range , in accounting , can be defined as that amount of activity or range of volume where company's fixed expenses would not differ as the volume of activity changes. This term has relevance with the fixed cost, as if a company's volume decreases then company would try to decrease their fixed cost and similarly if the volume increases the company's fixed expenses would also increase.
Answer:
B. The majority of a nation's land, factories, and other economic resources are privately owned.
Explanation:
A market economy represents an economic system where the interactions of private individuals and businesses determine the pricing of goods and services as well as most economic decisions.
To this end a vast amount of the economic resources of the nation are owned by private businesses as well as individuals. These economic resources include land, buildings among others.
The market economy is based on the theory that when government intervenes in the economic activities of an organization it lead to economic inefficiencies.