Examlex
A(n) ________ occurs when there are many buyers and sellers and little differentiation between products, but perceived differences between products among consumers.
Weighted Averaging
A mathematical technique where each component of an average has a corresponding weight that reflects its importance or frequency.
Final Impression
The lasting opinion or feeling one has about something or someone after all information or experiences are considered.
Cognitive Representations
Mental models or representations of the world, including beliefs, perceptions, and memories.
Schemata
Cognitive structures that help individuals organize and interpret information based on prior knowledge and experiences.
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