The polarization Effect in Groups Refers to the Idea That

question 135

Multiple Choice

The polarization effect in groups refers to the idea that

• A)group decisions generally tend toward being more conservative than individual decisions.
• B)group decisions tend to take a more extreme position than individual decisions.
• C)group decisions usually involve a lot of compromising.
• D)more mature individuals in the group generally balance the opinions of the daredevils.

Understand the concept of movement along versus shifts in the demand curve.

Identify the effects of complementary and substitute goods on demand.

Recognize how a change in the number of consumers affects market demand.

Understand how changes in consumer income affect demand for goods.