Which of the Following Is the Best Example of a "Halo

question 130

Multiple Choice

Which of the following is the best example of a "halo effect"?

• A) The extreme values of the scale are extensively used.
• B) A student is assigned the highest rating on all traits rated.
• C) All individuals in a group are rated low on the scale.
• D) A cooperative student is rated high on nearly all traits.

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Definitions:

Perfect Complements

Goods that are often used together in fixed proportions, where the consumption of one item necessarily involves the consumption of the other.

Income Effect

The change in an individual's or economy's consumption patterns due to a change in real income, reflecting how increases or decreases in income can affect buying habits.

Substitution Effect

The alteration in purchasing behavior caused by variations in the relative costs of products, prompting buyers to opt for less expensive alternatives over pricier ones.

Price Change

An adjustment in the cost of a good or service in the market, which can be an increase or decrease due to various factors.