Which of the Following Is a Valid Conclusion from the Studies

question 204

Multiple Choice

Which of the following is a valid conclusion from the studies discussed in your textbook which used the thin-slice technique to investigate quick judgments about the personal qualities of others?

• A) Quick judgments are generally more accurate than judgments based on more information.
• B) Judgments based on a lot of information are generally more accurate than judgments based on "thin slices."
• C) Quick judgments and those made with more information are remarkably similar.
• D) Quick judgments tend to be more negative than judgments based on more information.

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Definitions:

Competition

The economic rivalry between companies or individuals for a larger share of a market, leading to better quality products and services at lower prices.

Competition

The rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix.

Independently Acting Buyers

are consumers who make purchasing decisions based on their own preferences and circumstances, without coordinating with others.

Freedom to Enter

The condition in a market where new firms can enter the industry without facing prohibitive barriers or regulations.