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Research on Thin Slice Theory Suggests That First Impressions Are

question 70

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Research on thin slice theory suggests that first impressions are often more accurate when based on very brief observations versus when they are based on longer observations.

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Definitions:

Dynamic Pricing

A pricing strategy where prices fluctuate based on real-time supply and demand, competitor pricing, or other market factors.

Customer Demand

Refers to the quantity of a product or service that consumers are willing and able to purchase at a given price within a specified period.

Mason Jars

Glass jars that are typically used for preserving and storing food, but also popular for crafts and decoration.

Club Sponsor

An individual or organization that provides support, often financial, to a club, usually in exchange for advertising or promotional benefits.

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