Prices Tend to Be Sticky Because

question 26

Multiple Choice

Prices tend to be sticky because

• A) firms are worried that frequent price changes would annoy consumers.
• B) most firms have agreements with each other to fix prices at profit-maximizing levels.
• C) government controls most prices.
• D) foreign competition discourages domestic firms from price changes.

Discuss the controversy surrounding violent media and its potential effects on aggression.

Understand the concept of social norms and their influence on behavior.

Identify strategies to manipulate social norms for behavior change.

Analyze the effectiveness of social norm manipulation in reducing negative behaviors like littering.