The USProduces and Sells Millions of Types of Products

question 44

Multiple Choice

The U.S.produces and sells millions of types of products.To add them up to a single aggregate, each good is weighted by its:

• A)cost of production.
• B)market price.
• C)utility to consumers.
• D)contribution to corporate profits.

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Definitions:

Coalition Building

Gathering the support of others as a reason for another person to agree to a request.

Assertiveness

The use of demands or threats to persuade someone to carry out a task.

Referent Power

A form of influence derived from the admiration one has for an individual, leading to a desire to emulate or gain approval from that person.

Expert Power

Influence or authority derived from having knowledge, experience, or expertise in a specific field or area.