The Marginal Principle States That One Should

question 78

Multiple Choice

The marginal principle states that one should

• A) increase the level of an activity if the marginal benefit exceeds its marginal cost.
• B) decrease the level of an activity if the marginal cost exceeds the marginal benefit.
• C) if possible pick the level at which the marginal benefit equals the marginal cost.
• D) all of the above

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Definitions:

Bad Apple

A term referring to an individual within a group or team who negatively influences the whole, often contributing to toxic environments or fostering negativity.

Groupthink

A phenomenon in group decision-making processes where the desire for harmony or conformity results in an irrational or dysfunctional outcome.

Direct Pressure

A form of influence where someone attempts to coerce others into doing something or changing their behavior through explicit demands, persuasion, or intimidation.

Team's Illusions

False beliefs or perceptions shared among members of a team regarding their effectiveness, cohesion, or capabilities.