Which of the Following Often Results in Individuals in Large

question 17

Multiple Choice

Which of the following often results in individuals in large groups being less productive than individuals in small groups?

• A)cognitive dissonance
• B)bystander effects
• C)reduced efficiency and effort
• D)group polarization

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Definitions:

Marginal Utility

The additional utility or enjoyment derived from the consumption of one more unit of a product or service.

Optimal Consumption

The mix of goods and services that maximizes the utility or satisfaction of a consumer given their budget constraint.

Utility

A measure of the satisfaction, usefulness, or pleasure that individuals get from consuming goods and services.

Economics Books

Published works that study the production, distribution, and consumption of goods and services.