Malcolm Gladwell, in His Book Blink , Usually Refers to Our

question 447

Multiple Choice

Malcolm Gladwell, in his book Blink , usually refers to our immediate, intuitive reactions to short segments of experience as

• A)syllogisms.
• B)proxemics.
• C)"thin-slicing."
• D)the "AHA! experience."

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Definitions:

Market Demand Curve

A graphical representation showing the total demand of all consumers in a market for a particular product at different prices.

Colluded

A situation where firms in a market agree to set prices or output levels to maximize collective profits, often at the expense of competition.

Marginal Cost

The financial implication of creating an extra unit of a product or service.

Fixed Cost

Costs that do not change with the level of output or production, such as rent or salaries.