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Table 13.14 shows the output of kumquats per month.
-If the prices of a country's exports decrease and the prices of its imports increase,then the terms of trade will move in its favour.
Social Loafing
The phenomenon whereby individuals reduce their effort when working in a group compared to when working alone, due to perceived diffusion of responsibility.
Audience Effect
The impact on an individual's performance when they are aware they are being observed by others.
Co-action Effect
A phenomenon where the presence of others engaged in the same task can improve individual performance.
Social Facilitation
The tendency for people to perform differently when in the presence of others than when alone, typically improving on well-practiced tasks.
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