Which of the Following Best Explains Why Prices Tend to Be

question 110

Multiple Choice

Which of the following best explains why prices tend to be inflexible even when demand changes?

• A)Government regulations limit the number of times a firm can change prices in a year.
• B)In most industries the profit-maximizing price does not change even when demand changes.
• C)Production costs do not tend to change when a firm varies its level of output.
• D)Firms may be reluctant to change prices for fear of setting off a price war or losing customers to rivals.

Understand the role of nonverbal communication in expressing and interpreting emotions and messages within relationships.

Articulate the process and importance of self-disclosure in deepening relational intimacy.

Assess the role of physical senses and proximity in establishing and maintaining intimacy.

Explain the influence of power dynamics, cultural context, and commitment on relationship satisfaction and sexual activity.

---

Definitions:

Operant Conditioning

A simple form of learning in which an organism learns to engage in behavior that is reinforced.

Latency Stage

In psychoanalytic theory, the fourth stage of psychosexual development, characterized by repression of sexual impulses and development of skills.

Genital Stage

A phase in Freud's psychosexual development theory during which an individual's main source of pleasure is their genital area.

Psychodynamic Theory

A theoretical framework that asserts that human behavior and feelings are deeply influenced by unconscious motives and conflicts.