Under Which Condition Are You Likely to Follow the Peripheral

question 220

Multiple Choice

Under which condition are you likely to follow the peripheral route to persuasion?

• A)When other people are making similar decisions
• B)When you don't have time to consider the facts carefully
• C)When you are making a purchase
• D)When deciding about something important to you

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Definitions:

Short Run

An interval in economic studies where a minimum of one production element remains constant and is unalterable.

Variable Costs

Expenses that change in proportion to the activity of a business.

Short Run

A time period in economics during which at least one input, such as plant size, is fixed and cannot be altered.

Profit Maximization

The procedure through which a business identifies the pricing and production volume that yields the highest earnings.