What Are the Three Classes of Factors That Influence Perception

question 121

Multiple Choice

What are the three classes of factors that influence perception?

• A) factors in the setting, factors in the environment, and factors in the motives
• B) factors in the personality, factors in the character, and factors in the values
• C) factors in the perceiver, factors in the target, and factors in the situation
• D) factors in the character, factors in knowledge, and factors in experience
• E) factors in the senses, factors in the surroundings, and factors in the lighting

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Definitions:

Cartel

A group of manufacturers or suppliers formed to keep prices high and limit competition.

Marginal Cost Curve

A graphical representation that shows how the marginal cost of producing one more unit varies with the level of production.

TC Curve

A visual representation showing the relationship between the total cost incurred by a firm and the level of output produced.

Collusive Behavior

An agreement among firms in a market to set prices or output levels to avoid competition, often considered illegal.