A Group Considers Google+ to Be Far Superior to Facebook

question 36

Multiple Choice

A group considers Google+ to be far superior to Facebook and attempts to convince others that this is true.When confronted with contrary evidence, the group members do not change their opinion.According to Gossieaux and Moran, this is an example of a ________ community.

• A)defenders-of-belief
• B)seekers-of-the-truth
• C)heterogeneous
• D)cloud

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Definitions:

Inverted-U Theory

The idea that, other things equal, R&D expenditures as a percentage of sales rise with industry concentration, reach a peak at a four-firm concentration ratio of about 50 percent, and then fall as the ratio further increases.

Interest-Rate Cost

The cost associated with borrowing funds, typically expressed as a percentage of the total amount loaned.

Expected Rate

Expected rate often refers to the anticipated return on an investment or the predicted growth rate of an economic variable over a certain period.

Optimal Amount

The most efficient, beneficial, or ideal quantity of a good, service, or resource allocation under given circumstances.