"Everybody Has Won,and All Must Have Prizes

question 17

Multiple Choice

"Everybody has won,and all must have prizes." This line from Alice in Wonderland
Best conforms with which psychological principle?

• A)the multiple placebo effect
• B)emotion focused therapy
• C)the ripple effect
• D)the dodo bird verdict
• E)systematic desensitization

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Definitions:

Exclusive Unionism

The policy, pursued by many craft unions, in which a union first gets employers to agree to hire only union workers and then excludes many workers from joining the union so as to restrict the supply of labor and drive up wages. Compare with inclusive unionism. The policies typically employed by a craft union.

Imperfectly Competitive Input Markets

Markets where the factors of production (inputs) are bought and sold, and where no single buyer or seller can influence prices significantly due to the presence of many competitors, but not enough for perfect competition.

Variable Resources

Inputs that can be adjusted in the short term to meet changes in the level of production, such as labor or raw materials.

Craft Union

A labor union representing workers who are skilled in a particular craft, dedicated to protecting the workers' interests and negotiating for better terms through collective bargaining.