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One of the first experiments on the self-fulfilling prophecy effect in work settings was conducted in a job training program for disadvantaged employees.Trainees labeled "high aptitude" (though randomly selected) were rated _______ by their supervisors and peers,and had _______ dropout rates than the trainees who were not.
Direct Cost
Costs that are directly attributable to the production of goods or services, such as labor and materials.
Variable Manufacturing Costs
Costs that vary directly with the level of production output, such as raw materials, labor, and energy consumption.
Cost-Plus Pricing
A pricing strategy where a fixed percentage is added to the total cost of producing a product to determine its selling price.
Mark-Up Percentage
The fraction that is added onto the cost price of items to include overhead costs and profit within the selling price.
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