-The Schedules in the Table Give the Marginal Social Benefit

question 136

Multiple Choice

-The schedules in the table give the marginal social benefit and marginal social cost of a DVD. If there are no external benefits or external costs, the efficient number of DVDs to produce is ________ a week.

• A) 1
• B) 3
• C) 5
• D) any number less than 3

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Definitions:

Group Polarization

The phenomenon where the attitude of a group towards a particular issue becomes more extreme than the initial inclination of its members following group discussions.

Deindividuation

A concept in social psychology that describes the loss of self-awareness in groups, which can lead to disinhibited and impulsive behavior.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, often performing better on simpler or well-practiced tasks.

Implicit Attitudes

Implicit attitudes are unconscious beliefs or feelings towards objects, people, or situations.