Examlex
What is the difference between sticky prices and flexible prices? Explain.
Primacy Effect
The tendency to remember information at the beginning of a list better than information in the middle or at the end.
Distinctiveness
The quality of being unique or different in comparison to others, often making a person or object stand out.
Consistency
The quality of always behaving or performing in a similar manner, leading to predictability in actions or beliefs.
Consensus
A general agreement or collective opinion among a group of individuals, often achieved through discussion and compromise.
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