If You Believe a Person Already Possesses Several Negative Characteristics

question 41

Multiple Choice

If you believe a person already possesses several negative characteristics, you are more likely to infer that the person has other negative qualities. This is a function of

• A) the halo effect.
• B) implicit personality theories.
• C) the Pygmalion effect.
• D) the reverse halo effect.

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales activities within a certain range.

Break-Even Point

The point at which the amount of goods produced or sold results in revenues that are exactly equal to the costs, leading to no profit or loss.

Contribution Margin Ratio

The percentage of revenue remaining after deducting variable costs, indicating how much revenue contributes towards covering fixed costs and generating profit.

Variable Costs

Expenses that fluctuate with the level of production output, such as raw materials and direct labor.