People High in the Need for Intimacy

question 86

Multiple Choice

People high in the need for intimacy:

• A) have more one-on-one exchanges with others.
• B) have more large-group interactions.
• C) report lower levels of self-disclosure.
• D) try to dominate social interactions.

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Definitions:

Market Power

An imperfectly competitive firm’s ability to raise price without losing all of the quantity demanded for its product.

Differentiated Products

These are products that are distinct from one another on the basis of branding, quality, or other characteristics that are valued by consumers.

Barriers

Obstacles that prevent entry into a market or hinder competition within a market.

Market Structure

The features of a market, including its structure, that affect how competition and pricing are determined.