When Groups Get Together for Discussions,their Decisions Tend to Be

question 59

Multiple Choice

When groups get together for discussions,their decisions tend to be more extreme than any decisions any one member would have made alone.This phenomenon is known as:

• A)common knowledge effect.
• B)group relativity.
• C)group polarization.
• D)diffusion of responsibility.

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Definitions:

Budget Line

A visual representation showcasing every possible pair of two products that can be bought within a specific budget.

Indifference Curves

Indifference curves represent combinations of goods or services that provide the same level of satisfaction to the consumer, illustrating consumer preferences and consumption choices.

Utility Levels

Refers to the subjective satisfaction or happiness that a consumer derives from consuming goods and services.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, meaning they have no preference for one bundle over another.