Which of the Following Is the Best Example of a Sticky

question 42

Multiple Choice

Which of the following is the best example of a sticky price?

• A) the price of a barrel of oil
• B) the price of the Canadian dollar in terms of euros
• C) the price of a share of stock
• D) the price of a soft drink in a vending machine

---

Definitions:

External Locus

A psychological orientation where an individual believes that their destiny or outcomes are controlled by external forces or environmental factors.

Attitude-Improving Feedback

Feedback given with the intent to positively influence or change someone's attitude or perception towards a particular subject or activity.

External Locus

A belief that one's life events are largely influenced by external forces or the environment rather than by one's own efforts or attributes.

Attitude-Improving Feedback

Constructive criticism or suggestions provided with the intention of positively influencing someone's mindset or behavior.