Dr Cirillo Divided Her First-Period Class into Two Groups

question 161

Multiple Choice

Dr. Cirillo divided her first-period class into two groups. One group had to read 20 pages in a boring psychology text but would get 2 extra points on the next test. The other group also read 20 pages but were given 25 points added to the next test. The class members were then asked to tell the second-period class how interesting the book was. According to the results of the Festinger and Carlsmith study, what predictions could one make about the remarks of the first-period class?

• A) Both groups would say the pages were boring.
• B) The first-period class would say the pages were boring but the second-period class would not.
• C) Both groups would say the pages were interesting.
• D) The first-period class would say the pages were interesting but the second-period class would say the pages were boring.

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Definitions:

Long-run Equilibrium

A state in which all factors of production and outputs are variable, allowing for the adjustment of all inputs, leading to a balanced economic condition over time.

Zero Economic Profits

Occurs when a firm earns just enough revenue to cover its total costs, including opportunity costs, but no more.

Efficiently

Performing or functioning in the best possible manner with the least waste of time and effort.

Economies of Scale

The cost advantage achieved by businesses when production becomes efficient, as the scale of operation increases leading to a reduction in average costs.