_____ Are Those People Who Are Viewed and Treated Negatively

question 115

Multiple Choice

_____ are those people who are viewed and treated negatively because they are seen as being different.

• A) In-groups
• B) Out-groups
• C) Primary groups
• D) Secondary groups
• E) Reference groups

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Definitions:

Total Utility

The total satisfaction received from consuming a certain quantity of goods or services.

Total Utility

The total satisfaction or benefit received by consuming a given total quantity of a good or service.

Marginal Utility

Marginal utility is the additional satisfaction a consumer gains from consuming one more unit of a good or service.

Diminishing Marginal Utility

Diminishing marginal utility is an economic principle stating that as a person consumes more of a good or service, the satisfaction (utility) gained from each additional unit decreases.