Examlex
-Suppose the market for CD-Rs has the demand and supply schedules shown in the table above.Suppose a technological advance increases the quantity of disks supplied at each price by 25 million. What is the new equilibrium price and the new equilibrium quantity of CD-Rs?
Heuristics
Mental shortcuts or rules of thumb that simplify decision making by facilitating quick, efficient judgments.
Nominal Group Techniques
A structured method for group brainstorming that encourages contributions from everyone.
Synergy
A positive force that occurs in groups when group members are stimulated to produce new solutions to problems through the process of mutual influence and encouragement within the group.
Cognitive Consonance
An error in key-term, possibly meant "Cognitive Dissonance." NO.
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