A Firm That Discriminates Has ________ a Firm That Does

question 86

Multiple Choice

A firm that discriminates has ________ a firm that does not discriminate and ________.

• A)the same costs as;competes most often with firms from other countries
• B)the same costs as;can successfully maximize profit in a competitive industry
• C)lower costs than;drives other firms out of a competitive industry
• D)higher costs than;competes most often with firms from other countries
• E)higher costs than;cannot survive in a competitive industry

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Definitions:

Attribution Theory

The theory concerned with how individuals deduce the causes of their own and others' behavior.

Social Exchange Theory

The theory that our social behavior is an exchange process, the aim of which is to maximize benefits and minimize costs.

Foot-In-The-Door Phenomenon

A psychological strategy where getting a person to agree to a small request increases the likelihood they will agree to a larger request later.

Critical Thinking

The process of critically assessing and examining a matter to reach a decision.