According To__________, We Are Motivated to Make Our Cognitions or Beliefs

question 17

Multiple Choice

According to__________, we are motivated to make our cognitions or beliefs consistent with each other and with our behavior. 

• A)the elaboration likelihood model  
• B)the actor-observer effect  
• C)fundamental attribution error  
• D)cognitive-dissonance theory

Comprehend the innate and learned aspects of human behaviors and the role of instincts.

Understand and calculate confidence intervals for population means and proportions.

Comprehend the impact of changing confidence levels on the width of confidence intervals.

Understand the influence of sample size and population standard deviation on the margin of error.

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Definitions:

Monopolistically Competitive

A market structure where many firms sell products that are similar but not identical, allowing for some degree of market power in setting prices.

Average Total Cost

The total cost of production divided by the number of units produced, indicating the cost per unit of output.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service, an essential concept for understanding optimal production levels and pricing strategies.

Monopolistically Competitive

Pertaining to a market structure where many firms sell products that are differentiated from one another but can act as substitutes, thereby creating competition.