Examlex
When firms set prices similar to those of competitors,they are following a strategy of
Divergent Thinking
An approach or technique employed to produce inventive ideas through the investigation of numerous potential answers.
Average IQ
A statistical measure that represents the intelligence level of an individual relative to the population, with the average typically set at a score of 100.
Lewis Terman
An American psychologist best known for his work on intelligence testing and the Stanford-Binet IQ test.
Intelligence Testing
The measurement and assessment of an individual's mental capacity and cognitive abilities through structured tests.
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