Which of the Following Is an Example of Collective Behavior

question 17

Multiple Choice

Which of the following is an example of collective behavior?

• A) persons attending a church on Sunday
• B) groups of students going to classes
• C) students protesting cuts in welfare programs
• D) masses of people hurrying to work in the morning

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Definitions:

Public Good

A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Willingness To Pay

The maximum amount an individual is prepared to expend on a good or service, reflecting their valuation of it.

Horizontal Summation

A method used in economics to describe the total demand or supply in a market by adding together individual demands or supplies at the same price level across different entities.

Vertical Summation

A method used in economics to aggregate individual demand curves to find total market demand for a good.