All of the Following Terms Are Used in Social Identity

question 219

Multiple Choice

All of the following terms are used in social identity theory EXCEPT ________.

• A) in-group
• B) control group
• C) identification
• D) social comparison

---

Definitions:

Least-cost Combination

An optimal mix of inputs that minimizes the cost of production while yielding a given level of output.

Net Gain

The difference between total revenues and total expenses, indicating the financial profitability of a transaction or activity.

Allocative Efficiency

A state of resource allocation where it is impossible to make any one individual better off without making at least one individual worse off, typically achieved when the economy effectively allocates resources to where they are most valued.

Productive Efficiency

A scenario where goods or services are produced at the lowest possible cost, often involving optimal utilization of resources.