When People in a Crowd Begin Behaving the Same Way

question 14

Multiple Choice

When people in a crowd begin behaving the same way they see their neighbors behaving,they illustrate

• A) hypersuggestibility.
• B) the social contagion effect.
• C) a craze.
• D) the autosuggestive effect.

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Definitions:

Indifference Curves

Graphical representations of different bundles of goods among which a consumer is indifferent, showing levels of utility that are equivalent to the consumer.

Transitivity

In decision theory, the principle that if a person prefers option A to option B and prefers option B to option C, then the person should prefer option A to option C.

Intersect

The point at which two or more lines or curves meet or cross each other.

Marginal Rate

Generally refers to the additional or incremental rate applied to an additional unit of some activity, such as the rate of tax applied to the next dollar of income.