In Class You Sit Up Front and Act as If

question 88

Multiple Choice

In class you sit up front and act as if you are listening by maintaining eye contact and nodding in agreement with your instructor. However, your mind is far away and not focused on the lecture. You are demonstrating

• A) passive listening.
• B) selective listening.
• C) narcissistic listening.
• D) pseudo-listening.

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Definitions:

Diseconomies Of Scale

The situation when a firm’s average total cost of producing a product increases in the long run as the firm increases the size of its plant (and, hence, its output).

Technologically Progressive

Characterized by innovative application of knowledge and technology to improve products, services, or processes.

Nondiscriminating

Nondiscriminating, in economic terms, often refers to pricing or marketing policies that do not vary between different consumers or groups, treating all participants equally.

Pure Monopolist

A market scenario where a single seller controls the entire supply of a product or service, with no close substitutes available to consumers.