How Are Self-Fulfilling Prophecies and Schemas Related

question 147

Multiple Choice

How are self-fulfilling prophecies and schemas related?

• A) Self-fulfilling prophecies are deliberate attempts by people to confirm their schemas.
• B) Self-fulfilling prophecies are inadvertent and unconscious influences on behavior by an individual's schemas.
• C) Self-fulfilling prophecies are deliberate attempts to treat people in an unbiased manner.
• D) Self-fulfilling prophecies are examples of priming of schemas.

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Definitions:

Allocative Efficiency

A state of the economy where resources are distributed in a way that maximizes the net benefit to society, meaning that goods and services are produced and consumed at quantities where the marginal benefit equals marginal cost.

Oligopoly

A market structure characterized by a small number of firms that dominate the market, leading to limited competition and potentially higher prices for consumers.

Monopoly

A market structure characterized by a single seller, selling a unique product in the market without any close substitutes.

Potential Entry

The possibility or threat of new competitors entering a market, which can influence the behavior and strategies of existing firms.