Which of the Following Could Explain Why There Was a Stampede

question 2

Multiple Choice

Which of the following could explain why there was a stampede at the Richmond International Raceway where 1,000 laptops were being sold at $50 each?

• A) The demand for laptops is not very responsive to price.
• B) The price of $50 per laptop was above the equilibrium price of laptops.
• C) The quantity of laptops demanded at $50 was higher than the quantity supplied.
• D) The people who bought the laptops at that price were those who valued laptops the most.

Understand the dynamics of group discussion and decision-making, especially regarding group polarization.

Grasp the concept of groupthink, its causes, and how it can be avoided.

Recognize the influence of conformity and the factors promoting it.

Explain the role of normative and informational social influence in shaping behavior.

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Definitions:

Romantic Love

An intense, positive emotion that involves sexual attraction, feelings of caring, and the belief that one is in love.

Whirlwind Courtship

A rapid and intense beginning to a romantic relationship, where commitments such as engagement or marriage occur shortly after meeting.

Selective Exposure

Deliberately seeking and attending to information that is consistent with one’s attitudes.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving on simple or well-practiced tasks and performing worse on complex or new ones.