If You Purchase One Pound of Apples the Price Is

question 67

Multiple Choice

If you purchase one pound of apples the price is $1.50 per pound.If you buy a five pound bag of apples,the cost is $5.00.This is most likely an example of

• A) quantity discounts.
• B) lower marginal cost.
• C) lower marginal benefit.
• D) price gouging.

Understand the psychological mechanisms behind compliance strategies and their applications.

Appreciate the implications of social psychology research for understanding human behavior in societal contexts.

Evaluate the influences of group dynamics on individual decision-making and behavior.

Gain insight into the use of deception in psychological research and its ethical implications.

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Definitions:

Formal Authority

It is the right granted to individuals within organizations to make decisions, give orders, and enforce obedience based on their position or role.

Legitimate Power

Authority that is recognized and accepted by others due to a person's position or role.

Organizational Structure

The arrangement of roles, responsibilities, and relationships within an organization, determining how activities are directed and managed.

Formal Authority

Officially sanctioned power given to an individual or entity to make decisions and enforce rules.