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question 29

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Identify methods used in psychological research and attitude measurement, such as Likert scales.
Understand the difference between internal and external attributions and how they apply to oneself and others.
Differentiate between the central and peripheral routes to persuasion and their implications for attitude change.
Discuss the effects of rewards and punishments in cognitive dissonance and attitude change.

Definitions:

Heckscher-Ohlin Theory

An economic theory that suggests countries export what they can most efficiently and abundantly produce, based on factors of production like land, labor, and capital.

Absolute Advantage

The ability of a country, individual, company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.

Comparative Advantage

The skill of an entity, whether a person, corporation, or country, to create a product or service with smaller opportunity costs than its competition.

Absolute Advantage

Absolute advantage is the ability of a country or entity to produce a good or service more efficiently than others, using fewer resources.

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