Match the Definition with the Term

question 6

Multiple Choice

Match the definition with the term.
-evolutionary psychology

• A)approach that hypothesizes that the unit of evolution is the individual gene,rather than the individual organism or the group
• B)the analysis of psychological functions in terms of independently evolved "mod-ules" and their possible adaptive value in the distant evolutionary past
• C)the idea that political systems and societies evolve and "progress" due to unbri-dled competition and "the survival of the fittest"
• D)the study of the similarities and differences in the psychological functions of var-ious animals,in order to better understanding human functioning

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Definitions:

Price Sensitive

The degree to which the demand for a product changes in response to changes in its price.

Differential Pricing

A pricing strategy in which a company sets different prices for the same product or service based on certain criteria such as customer segment, quantity purchased, or location.

Wasted Capacity

Resources or production capabilities that are underutilized or not used to their full potential, leading to inefficiencies.

Overbooking

A strategy used in various industries where more reservations or orders are accepted than can be accommodated, based on expected cancellations or no-shows.