The Marginal Benefit Claire Gets from Purchasing a Third Pair

question 295

Multiple Choice

The marginal benefit Claire gets from purchasing a third pair of flip-flops is

• A) the same as the total benefit of purchasing three pairs of flip-flops.
• B) more than the marginal cost of purchasing the third pair of flip-flops.
• C) the total benefit Claire gets from purchasing three pairs of flip-flops minus the total benefit she gets from purchasing two pairs of flip-flops.
• D) the total benefit Claire gets from purchasing four pairs of flip-flops minus the total benefit she gets from purchasing three pairs of flip-flops.

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Definitions:

Self-Awareness

Acquaintance with one's own character aspects, feelings, aims, and desires.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, especially after group discussions.

White Supremacists

Individuals or groups who believe that white people are superior to those of other races and should have control over others.

Deindividuation

Deindividuation is a psychological state characterized by lowered self-awareness and decreased social identity, often leading to disinhibited and impulsive behavior, typically within group settings.