Which of the following is true of the concept by Prof. Richley Crapo

Question 2 / 56: Which of the following is true of the concept of “supply and demand”?

A It is the only force that controls prices and wages in the United States.

B It is unrelated to cultural values.

C It has prevented discrimination in wages in the United States.

D It is as much a value statement as it is a description of economic processes.

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Chapter 12: Cultural Anthropology Economic System

Access: Public Peer Review

Prof.Richley CrapoProfessor

Utah State University

USA

Attribution: Prof. Richley Crapo, Cultural Anthropology. (Utah State University), http://ocw.usu.edu/Anthropology/Cultural_Anthropology/ (Accessed 28 Mar, 2014). License: Creative Commons BY-NC-SA

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