Figure 8-6 -Refer to Figure 8-6.What Would Producer Surplus Be After the Surplus

question 140

Multiple Choice

Figure 8-6

-Refer to Figure 8-6.What would producer surplus be after the tax is levied on the buyer

• A)$45
• B)$75
• C)$125
• D)$150

---

Definitions:

Group Polarization

The phenomenon whereby a group’s prevailing attitudes or beliefs become stronger or more extreme following group discussions.

Groupthink

Groupthink refers to a psychological phenomenon where the desire for group consensus and harmony results in an irrational or dysfunctional decision-making outcome.

Social Loafing

The phenomenon wherein individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Group Polarization

A phenomenon where discussions within a group lead to the adoption of more extreme positions or attitudes than the members initially had.