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The Elaboration Likelihood Model (ELM) States That There Are Two

question 84

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The elaboration likelihood model (ELM) states that there are two basic routes to persuasion, the central route and the peripheral route. In case of the peripheral route to persuasion:


Definitions:

Cost Per Equivalent Unit

The total production cost divided by the number of equivalent units produced, used to assign costs in process costing.

Materials Cost

The cost of materials directly used in the production of goods.

Process Costing

An accounting methodology used in manufacturing where costs are applied to a batch of products rather than individual items, suitable for homogeneous products.

Ending Work

Refers to the final stages or completion of tasks or projects in a given period.

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