The Characteristic Ways You Think and Behave Across a Variety

question 132

Multiple Choice

The characteristic ways you think and behave across a variety of situations describes your

• A)self-concept.
• B)personality.
• C)self-esteem.
• D)self-worth.
• E)none of the above.

---

Definitions:

Oligopoly

An oligopoly is a market structure characterized by a small number of firms dominating the market, where each firm has significant control over prices and other market factors.

Collusion

A non-competitive, secret, and often illegal agreement between rivals aiming to disrupt the market's equilibrium by controlling the market price, production, or marketing of goods and services.

Empty Threat

In a sequential game with two players, a noncredible (bluffing) statement made by Player 1 that threatens a penalizing action against Player 2 if Player 2 does something that Player 1 does not want Player 2 to do. Opposite of credible threat.

Coercion

The act of compelling or forcing someone to act in a certain way through pressure, threats, or the use of force.