Prices are important to the us economy because they a. act as signals to buyers and sellers. b. determine the quality of a product. c. are set by the us government. d. let you know how much an item costs.

How does the chairman of the federal reserve board get his job?

Recall that in one condition of the experiment conducted by stasser and titus (1985) about student council president candidates, all group members had access to the same information, and that in another condition, members had unique information that other group members didn't know. in the second (unshared information) condition, the group made a worse decision than in the first (shared information) condition. this occurred because groups seldom can agree on who is most expert. focus discussion on the information that all members know. often ignore dissenting opinions. avoid differences of opinion, given conformity pressures.

Quantitive data can be measured quantitatively