At a Factory Job,Samantha's Output Was Measured at the End

question 14

Multiple Choice

At a factory job,Samantha's output was measured at the end of each day by calculating the productivity of the team of workers she belonged to.As the team members were not held individually accountable,this allowed Samantha to exert less effort in her work.In this scenario,Samantha's behavior is a typical example of

• A)the confirmation bias.
• B)group polarization.
• C)social loafing.
• D)social facilitation.

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Definitions:

Quantity Discounts

Price reductions based on the amount of a product purchased, incentivizing buyers to purchase in larger volumes.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one more unit changes as production volume changes.

Variable Costs

Costs that vary directly with the level of production or output of a firm.

Total Revenue

The total income a firm receives from selling its goods or services, calculated as the quantity sold multiplied by the price per unit.