Examlex
According to the text, which of the following is a recommended technique for overcoming groupthink?
Income Increases
The rise in earnings received by an individual or household, which can impact consumption, savings, and investment behaviors.
Opportunity Cost
Opportunity cost represents the value of the best alternative foregone when a decision is made to choose one option over another.
Optimum
Refers to the best or most favorable condition, value, or level of something.
Budget Constraint
A budget constraint represents the combination of goods and services that a consumer can purchase with their limited income.
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