After Working Weeks on a Difficult Proposal for a Client

question 123

Multiple Choice

After working weeks on a difficult proposal for a client, Jack learns that the client has accepted the proposal and will award the contract to Jack's firm. Upon hearing this from his boss, Jack yelps 'Yahoo!' and thrusts his fisted arm in the air. This behaviour is most likely an example of:

• A)beliefs directly influencing feelings.
• B)perceptions directly influencing beliefs.
• C)behavioural intentions directly influencing behaviour.
• D)emotions directly influencing behaviour.
• E)emotions directly influencing feelings.

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Definitions:

Nondiscriminating

Characterized by equal treatment and lack of bias towards any party or group.

Pure Monopolist

A market structure where a single firm has exclusive control over the market, being the sole producer of a product with no close substitutes.

Economic Profit

The balance a firm holds after all expenses, both acknowledged and assumed, are deducted from its gross receipts.

Price Discriminating

A pricing strategy where identical or similar products or services are sold at different prices to different buyers.