Which Sentence Is Expressed Correctly

question 41

Multiple Choice

Which sentence is expressed correctly?

• A) Many people join social networks for one important reason: they want to connect with family and friends.
• B) Many people join social networks for one important reason, they want to connect with family and friends.
• C) Many people join social networks for one important reason they want to connect with family and friends.

Comprehend what decision-making heuristics are and identify three common heuristics utilized in consumer decision-making.

Evaluate how a product's country of origin can influence consumer purchase decisions.

Distinguish between market beliefs and actual market practices.

Explain Zipf's law and its application in the context of brand popularity and market distribution.

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Definitions:

Efficiency Wage Model

An economic theory suggesting that higher wages might lead to increased productivity by attracting better employees and increasing worker motivation.

Electronic Devices

Gadgets like smartphones, laptops, and tablets that operate on electrical power and digital information.

Supply of Labor

The total hours that workers in the economy are willing and able to work at a given wage rate.

Demand for Labor

The total amount of workers employers are willing and able to hire at a given wage rate in a certain period.