Imagine a Person Who Is Presented with the Same Written

question 1

Multiple Choice

Imagine a person who is presented with the same written argument ten times. Which of the following is most likely to be a consequence of this repetition?

• A) The person is more likely to be persuaded
• B) The person is less likely to be persuaded
• C) The person is more likely to be persuaded, but only if the argument was favorably evaluated in the first place
• D) None of the above

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Definitions:

Demand Schedule

A table that lists the quantity of a good or service that consumers are willing to buy at various prices.

Total Revenue Schedule

A table or graph that shows the total revenue a firm can expect to receive at various levels of output, assuming a constant price.

Demand Linear

A relationship in economics where the amount of a good or service demanded changes linearly with its price.

Marginal Revenue

The rise in income generated by the sale of an extra product or service unit.