Figure: the Demand for Bricklayers (Figure: the Demand

question 76

Multiple Choice

Figure: The Demand for Bricklayers (Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers.If there is an increase in technology that increases the productivity of bricklayers, then the value of the marginal product of the sixth bricklayer will be ________ than _.

• A)less; $80
• B)greater; $100
• C)less; $110
• D)greater; $110

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Definitions:

Low Balling

A persuasion technique often used in sales where an initially low price is presented to secure agreement from the buyer, only to increase the cost through the addition of extras or disclosure of hidden costs.

Social Conformity

The act of adjusting one's thoughts or behaviors in order to fit in with the norms or standards of a social group or society.

Door-In-The-Face Effect

A compliance technique whereby a large, unreasonable request is made first, followed by a smaller, more reasonable request, which is the actual desired outcome.

Social Loafing

is the phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.