Examlex
Use the table to answer the following question.
If the market wage rate is $150 per worker, how many workers should be employed if the firm wants to maximize profit?
Group Size
Refers to the number of individuals within a group, affecting dynamics and interactions within.
Unanimity
Complete agreement among all members or participants in a particular situation or decision.
Ambiguity
The quality of being open to more than one interpretation, explanation, or meaning, often leading to uncertainty or confusion.
Group Polarization
The tendency for a group to make decisions that are more extreme than the initial inclination of its members.
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