A cartel differs from a monopoly in that businesses making the same product agree to limit production. The definition of a cartel is "in economics, a cartel is an agreement between competing firms to control prices or exclude entry of a new competitor in a market."
The answer to this question is <span>Fast Track Experiment
</span><span>Fast Track Experiment refers to giving a certain group of people a set of special treatment that is catered based on their special circumtances.
</span>For example, for juvenile who acting out because they wanted to feel though, there is a program that could make those juveniles to spend 3 days in prison, so they could directly see the reality behing their actions.
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Answer:
<h3>It serves as a foundation upon which consumer learning takes place.</h3>
Explanation:
Perception plays an important role in learning about a product because consumers tend to change their consuming behavior based on what they learn about the product.
A consumer's behavior depend on the perception of the products. If the products are exposed and advertised more often, the consumer may incline towards purchasing the products because of its varied information exposed in medias and advertisements.
Therefore, numerous businesses and producers aim to influence consumers perception by exposing and promoting their products in medias and other advertising platforms.