The idea that two seemingly contradictory elements or processes actually interact in a mutually transformative manner, with each transforming one another is called ________________
a. praxis
b. reification
c. mutually transformative process
d. dialectic relationship
e. bounded autonomy
D
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Which of the following statements about price discrimination is correct?
A. A price discriminating firm will want to charge a higher price to the consumer group with the more inelastic demand. B. A firm will always be able to increase its profit by price discriminating rather than charging the same price to all customers. C. Price discrimination will be most effective when buyers can easily resell the product amongst themselves. D. Each consumer will pay a higher price when a firm is a price discriminator than would be the case if all customers were charged the same price.
A firm that uses price discrimination to enhance its net revenues will
A. expand output as long as price exceeds average total costs. B. expand output as long as average total costs are declining. C. charge a higher price to consumers with a more elastic demand for the firm's product. D. charge a lower price to consumers with a more elastic demand for the firm's product.
In terms of sentencing, virtue ethics focuses on the character of the person.
____________ sentences are prison sentences for two or more criminal acts, served simultaneously and run together
Fill in the blank(s) with correct word