<span>Conformity is the tendency to modify one's attitudes, behaviors, and beliefs to match those of others.</span><span>
Conformity based on a desire for approval is called normative social influence. conformity based on the desire to reduce uncertainty is called informational social influence. Normative social influence is based on the i</span><span>nstincts is to belong to a social group of some sort. </span>
The British Parliament, even though they weren't represented in it.
, In monopolistic competition, firms make price/output decisions as if they were a monopoly. They will produce where marginal revenue equals marginal cost., Free entry into the market may ultimately shrink the economic profits of monopolistically competitive firms.
According to the vroom expectancy theory, motivation strength <u>"is determined by the perceived value of the result of performing a behavior and the perceived probability the behavior will cause the result to materialize."</u>
Vroom's expectancy theory expect that behavior results from cognizant decisions among options whose reason it is to amplify joy and to limit pain. Vroom understood that a worker's execution depends on singular factors, for example, identity, aptitudes, information, experience and capacities. He expressed that exertion, execution and inspiration are connected in a man's inspiration. He utilizes the factors Expectancy, Instrumentality and Valence to represent this.
