Three-Year-Old Noelle Is Shown Two Pictures: One Shows a Child

question 96

Multiple Choice

Three-year-old Noelle is shown two pictures: one shows a child stealing an orange and the other shows a child eating spaghetti with her fingers. Noelle is most likely to view

• A) both actions as equally wrong.
• B) both actions as okay if an adult did not see them.
• C) the stealing as more wrong than the bad table manners.
• D) the bad table manners as more wrong than the stealing.

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Definitions:

Competitive Fringe

Small, less dominant firms in a market that compete at the periphery with the larger dominant firms, often by focusing on niche segments.

Price Leader

A company that has a dominant market share and can influence the pricing policies of competitors within the industry.

Dominant Firm Model

A market structure where one firm has a large market share and sets prices, while other smaller firms follow its pricing strategy.

Fringe Firms

Smaller companies in a market that compete alongside larger firms, often by serving niche segments or employing innovative strategies to maintain market presence.