The Idea That People Learn Ethical or Unethical Behavior While

question 10

Multiple Choice

The idea that people learn ethical or unethical behavior while interacting with others who are a part of their role-sets is referred to as

• A)group norms.
• B)cognitive memory dissonance.
• C)cognitive association.
• D)differential association.
• E)casual interaction.

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Definitions:

Marginal Benefit

This is the additional benefit received from the consumption of one more unit of a good or service.

Output Level

Refers to the quantity of goods or services produced by a firm or economy at a given point in time.

Product Markets

Marketplaces where final goods or services are offered to consumers, businesses, and the government.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale at a given price level, typically upward sloping.