You Are Socializing with Your Friends Rolanda and Zackary

question 111

Multiple Choice

You are socializing with your friends Rolanda and Zackary. Another couple who you don't know, Alyse and Tyn, joins the gathering. You see Rolanda and Zackary discipline their son with a tap on the hand for sticking his fingers in the potato salad and you see Alyse and Tyn discipline their daughter by tapping her bottom for throwing the potato salad. You react with harsher judgment to the punishment by Alyse and Tyn than to the punishment by Rolanda and Zackary. One potential reason for this discrepancy could be:

• A) social desirability.
• B) observer bias.
• C) artificiality.
• D) external validity.

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Definitions:

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Marginal Utility

Marginal utility represents the additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.

Total Utility

The sum satisfaction or benefit that a consumer receives from consuming a particular quantity of goods or services.

Consumer Surplus

The variance between the aggregate sum consumers are prepared and able to spend on a good or service versus what they truly pay.