A Man Always Says He Has No Problem with Individuals

question 43

Multiple Choice

A man always says he has no problem with individuals who are homosexual, but when his son's gay friend comes over for dinner, the man finds some reason to be somewhere else without realizing what he's doing.The man is exhibiting:

• A)implicit formation
• B)explicit formation
• C)implicit prejudice
• D)explicit prejudice

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Definitions:

Marginal Social Cost

The total cost to society of producing an additional unit of a good or service, including both private costs and external effects.

External Social Cost

Costs of production or consumption that affect individuals not involved in the transaction, often unaccounted for by the market price.

Efficient Level

Describes a state where resources are allocated in the most effective manner, maximizing output and outcomes.

Marginal Social Benefit

The incremental advantage to the community from the consumption or production of an additional unit of a product or service.