A Spirited Discussion Begins Among the Learners, Centered on the Lecture

question 272

Multiple Choice

A spirited discussion begins among the learners, centered on the lecture topic. Which of the following should the instructor do?

• A) Do nothing to allow for natural group dynamics
• B) Correct learners who have differing opinions
• C) Ask the learners to stop the discussion
• D) Use active listening to manage the discussion

---

Definitions:

Industry Entry

Refers to the process by which new competitors join an existing market, often affecting competition and market dynamics.

Economic Costs

The total cost of choosing one action over another, including both explicit costs (direct payment) and implicit costs (opportunity costs).

Normal Rate

Typically refers to a baseline or standard rate of interest, production, or growth that is considered usual or expected under normal circumstances.

Minimum Efficient Scale

The smallest level of production at which a firm can achieve the lowest long-run average total cost.