The "World-Will-End-On-October-10" Group Got Together on October 10 to Pray

question 272

Multiple Choice

The "World-Will-End-on-October-10" group got together on October 10 to pray as the world ended. The next day, the world had not ended. The leader of the group said, "Our prayers saved the world." What process was responsible for the attitude change?

• A) operant conditioning
• B) cognitive dissonance
• C) classical conditioning
• D) positive reinforcement

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Definitions:

Factors of Production

The inputs used in the production of goods or services; traditionally includes land, labor, capital, and entrepreneurship.

Marginal Product

The additional output a firm gains from employing one more unit of input, holding the levels of all other inputs constant.

Marginal Product

The increase in output that arises from an additional unit of input, holding all other inputs constant.

Factors of Production

Resources used in the production of goods and services, including labor, capital, entrepreneurship, and land.