The Situation in Which a Person Places Greater Value on a Good

question 14

Multiple Choice

The situation in which a person places greater value on a good as fewer and fewer people possess it is called the

• A) Bandwagon Effect.
• B) Greater Value Effect.
• C) Snob Effect.
• D) Behavioral Effect.

---

Definitions:

Organizational Development Technique

A methodology aimed at improving a company's effectiveness, health, and growth through planned interventions in the organization's processes.

Dissociation

A psychological process where a person disconnects from their thoughts, feelings, memories, or sense of identity.

Social Influence

The effect that the words, actions, or presence of other people have on an individual's thoughts, feelings, or behaviors.

Hypnotic Phenomena

Observable effects or behaviors that occur as a result of hypnosis, often involving heightened suggestibility and altered states of consciousness.