Figure 1- 2 with a Budget of $500 000,a School

question 63

Multiple Choice

Figure 1- 2 With a budget of $500 000,a school board can choose to purchase 20 000 textbooks or 2000 laptop computers (or some intermediate combination) for use in classrooms.

-In traditional economies,economic behaviour is

• A)affected by elements of tradition,government command,and market incentives.
• B)directed only by self interest.
• C)random and unpredictable.
• D)largely determined by a central authority.
• E)based primarily on custom and habit.

---

Definitions:

Cognitive Dissonance

The mental discomfort experienced by an individual who holds contradictory beliefs, ideas, or values at the same time.

Conformity

The act of changing one's behavior to match the responses or norms of a group, often as a result of real or imagined group pressure.

Obedience

A behavioral response to the instruction or command of an authority figure, often studied in social psychology.

Dissonance Theory

A psychological concept suggesting that people experience discomfort (dissonance) when their beliefs, ideas, or behaviors are inconsistent with each other, motivating them to seek consistency.