Many Developing Nations Have Lower Per Capita Incomes Than Highly

question 72

Multiple Choice

Many developing nations have lower per capita incomes than highly developed countries. This fact _____.

• A) indicates that they represent an insignificant market for most products
• B) means that the developing nations are unlikely to experience much economic growth
• C) does not mean there is little opportunity for sales. Their sheer numbers may still represent significant and growing markets.
• D) means that they are only likely to purchase low-tech merchandise

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Definitions:

Exemplar View

a theory in cognitive psychology suggesting that individuals categorize objects and ideas by comparing new experiences to specific examples stored in memory.

Superordinate Level

A high-level classification or grouping that is more abstract than its lower-level counterparts in hierarchical arrangements.

Nonanalytic Concept Formation

Cognitive processes that implicitly acquire knowledge of a complex structure during the memorization of examples.

Reber

Refers to psychologist Arthur Reber, known for his work on implicit learning and the cognitive unconscious, particularly how people can learn complex information without being aware of the learning process.