Failing to Ask Questions in Class Because You Assume Everyone

question 97

Multiple Choice

Failing to ask questions in class because you assume everyone else understands best exemplifies

• A)groupthink.
• B)pluralistic ignorance.
• C)social loafing.
• D)self-handicapping.

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Definitions:

Law of Demand

An economic principle that states the inverse relationship between the price of a good or service and the quantity demanded.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to buy at a specific price.

Price

The amount of money expected, required, or given in payment for something.

Demand Curves

Graphical representations that depict the relationship between the price of a product and the quantity of that product consumers are willing to purchase at various price points.