Social Facilitation Involves

question 42

Multiple Choice

Social facilitation involves:

• A)impaired performance when an individual performs in the presence of others
• B)a tendency for opinions, feelings, or behaviors to move toward the group norm
• C)enhanced performance when an individual performs in the presence of others
• D)a tendency to exert more effort working in a group than working alone

---

Definitions:

Marginal Cost

The increase in cost that comes from making one more unit of a product or service.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, leading to a balance in the market.

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the equilibrium price, where market supply equals demand.

Collusion

A secret or illegal cooperation or conspiracy, especially between parties to cheat or deceive others, commonly in the context of firms agreeing on prices or market shares.