To Be a , You Will Need to Develop the Habit

question 5

Short Answer

To be a , you will need to develop the habit of testing opinions......your own as well as others.....before trusting them.

---

Definitions:

Resistance Price

A price level at which an asset meets pressure on its way up due to a concentration of selling interest, often used in technical analysis of financial markets.

Willingness to Pay

The maximum amount an individual or entity is prepared to spend to purchase a good or service or to avoid something undesirable.

Market Demand Curve

A graphical representation of the quantity of goods demanded at various prices by all consumers in the market.

Consumer Surplus

The divergence in the anticipated price for a good or service by consumers and the actual price they pay.