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Assume It Is Announced That a Large Number of New

question 15

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Assume it is announced that a large number of new competitors have entered the market for mountain bikes,each offering a different model.Based on this information,this industry is best characterized as:


Definitions:

Pluralistic Ignorance

A situation where the majority of group members privately reject a norm, but incorrectly assume that most others accept it, leading to a continuation of the norm in the group.

Physically Attractive

Having qualities that appeal to the senses, especially sight, often conforming to societal standards of beauty.

Helper

A person or thing that provides assistance or support.

Audience Inhibition

The phenomenon where people are inhibited from expressing their thoughts or feelings in front of others due to fear of disapproval or embarrassment.

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