The Substitution Effect and the Output Effect

question 113

Multiple Choice

The substitution effect and the output effect

• A)always work in the same direction.
• B)sometimes work in the same direction.
• C)always work in the opposite direction.
• D)sometimes work in the opposite direction.

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Definitions:

Formalization

The third and last stage in the life of a task group, when the group makes its decision and seeks consensus.

Informational Dimensions

Various aspects and characteristics that contribute to the content or message of information being conveyed.

Voiced Disagreements

Expressions of opposition or difference of opinion that are spoken out loud.

Production

The process of creating, manufacturing, or producing goods and services.