The Value of the Slope of a Society's Production Possibility

question 67

Multiple Choice

The value of the slope of a society's production possibility frontier is called its

• A) marginal rate of substitution.
• B) inflation rate.
• C) unemployment rate.
• D) marginal rate of transformation.

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Definitions:

Compliance

A social psychology concept where individuals change their behavior in response to an explicit request from others.

Stanley Milgram

An American social psychologist best known for his controversial experiments on obedience to authority conducted in the 1960s.

Obedience

The act of following orders or instructions, usually from an authority figure, without questioning.

Foot-In-The-Door Technique

A strategy designed to gain a favorable response to a small request at first, with the intent of making the person more likely to agree later to a larger request.