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Dianna Ivy Is Evaluating a Plan to Expand the Production

question 41

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Dianna Ivy is evaluating a plan to expand the production facilities of International Compressors Company which manufactures natural gas compressors.Dianna feels that the price of coal is a significant factor in her decision, but she cannot control it.She is able to estimate how much the company would make under various prices of coal.Her estimates would represent the ___________.


Definitions:

Solomon Asch

A psychologist known for his research on conformity and social pressure.

Stanley Milgram

An American social psychologist best known for his controversial experiments on obedience to authority conducted in the 1960s.

Leon Festinger

A psychologist known for his theory of cognitive dissonance, which suggests that inconsistency among beliefs or behaviors causes psychological tension that people are motivated to reduce.

Philip Zimbardo

An American psychologist known for conducting the Stanford prison experiment, exploring how social situations can influence human behavior.

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