Research Suggests That the Idea That "Familiarity Breeds Contempt" ____

question 8

Multiple Choice

Research suggests that the idea that "familiarity breeds contempt" ____.

• A)is almost always true, regardless of the circumstances
• B)is almost always false, regardless of the circumstances
• C)is almost always true, unless people initially have a very favorable attitude
• D)is almost always false, unless people initially have an unfavorable attitude

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Definitions:

Marginal Product

The additional output that is produced as a result of using one more unit of a particular input, such as labor or capital, while keeping other inputs constant.

Wage

The compensation paid to an employee for their labor, usually expressed as an hourly, daily, or weekly rate.

Profit

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Marginal Product

The additional output that results from using one more unit of a particular input while keeping other inputs constant.