Examlex
Given demand, the price is found where
Representativeness Heuristic
A cognitive short-cut in which instances are assigned to categories or types on the basis of overall similarity or resemblance to the category.
Induced Compliance
A special case of cognitive dissonance: inconsistency is experienced when a person is persuaded to behave in a way that is contrary to an attitude.
Cognitive Dissonance
The psychological discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.
Inoculation
A way of making people resistant to persuasion. By providing them with a diluted counter-argument, they can build up effective refutations to a later, stronger argument.
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Q23: A competitive strategy is<br>A)is the development of
Q27: Diversification<br>A)maximizes risk.<br>B)maximizes profit.<br>C)minimizes risk.<br>D)minimizes costs.
Q29: Antitrust laws were initially developed in the
Q34: How often should a firm address 'social
Q37: Monopolies have _ substitutes.<br>A)many<br>B)few<br>C)no<br>D)several but less than
Q40: The national debt<br>A)decreases with a budget deficit.<br>B)increases
Q43: To an economist, all choices have costs.
Q48: _ training is excellent for communicating selling