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DECA 121-128
| Question | Answer |
|---|---|
| Ethnocentrism | belief that your own culture is naturally better than other cultures |
| Cultural Sensitivity | willingness to adjust your opinions and behaviors so that you value different people and ideas |
| Aptitude | possessing the skill or ability to do something |
| Price Fixing | eliminates competition |
| Price Indexing | method of measuring inflation |
| Price discrimination | when businesses charge customers different prices for similar amounts and types of goods |
| Economics | study of how people satisfy unlimited, competing, economic wants with limited resources |