Ella Participates in a Beauty Pageant and Is the First

question 32

Multiple Choice

Ella participates in a beauty pageant and is the first runner-up.She thinks that she would have won the pageant if only she had performed better in the talent round.In the context of social thinking,which of the following is illustrated in this scenario?

• A)elaboration
• B)decentration
• C)counterfactual thinking
• D)convergent thinking

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Definitions:

Marginal Rate

The rate at which one variable changes with respect to a small change in another variable, often used in the context of taxation.

Technical Substitution

The process of replacing one combination of inputs or technologies with another to produce the same level of output.

Inputs

Elements utilized in creating products, covering workers, funds, raw materials, and electricity.

Isoquant

A curve depicting all combinations of inputs that result in the production of the same level of output.